Independence Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,780 shares of the company’s stock, valued at approximately $2,356,000. State Street SPDR Portfolio S&P 500 ETF accounts for 1.3% of Independence Wealth Advisors LLC’s portfolio, making the stock its 16th largest holding.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYM. Serenus Wealth Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $1,215,000. S. R. Schill & Associates purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $17,402,000. Nations Financial Group Inc. IA ADV acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $8,458,000. Richardson Financial Services Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $8,138,000. Finally, Sovereign Financial Group Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth approximately $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
NYSEARCA SPYM opened at $86.26 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a one year low of $71.45 and a one year high of $89.52. The company’s 50 day moving average price is $86.38 and its 200 day moving average price is $82.24.
State Street SPDR Portfolio S&P 500 ETF Company Profile
The Tradr 2X Long SPY Monthly ETF (SPYM) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the SPDR S&P 500 ETF (ticker: SPY-US) through swap agreements with major global financial institutions. SPYM was launched on Sep 3, 2024 and is issued by Tradr.
Recommended Stories
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
