Verus Capital Partners LLC Boosts Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Verus Capital Partners LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 10.9% in the 1st quarter, HoldingsChannel reports. The firm owned 357,549 shares of the company’s stock after purchasing an additional 35,244 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 1.9% of Verus Capital Partners LLC’s portfolio, making the stock its 11th largest holding. Verus Capital Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $27,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPYM. Hobbs Group Advisors LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.8% during the 1st quarter. Hobbs Group Advisors LLC now owns 190,005 shares of the company’s stock valued at $14,543,000 after buying an additional 1,449 shares in the last quarter. SHUTTLEWORTH & Co lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 3.1% in the first quarter. SHUTTLEWORTH & Co now owns 49,156 shares of the company’s stock worth $3,762,000 after buying an additional 1,479 shares in the last quarter. Arete Wealth Advisors LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 17.3% in the first quarter. Arete Wealth Advisors LLC now owns 351,387 shares of the company’s stock worth $26,879,000 after buying an additional 51,812 shares in the last quarter. Boothe Investment Group Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $7,238,000. Finally, GTS Financial LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $26,284,000.

State Street SPDR Portfolio S&P 500 ETF Stock Up 0.7%

SPYM opened at $87.90 on Friday. The company has a fifty day moving average of $87.68 and a 200 day moving average of $83.55. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $72.86 and a fifty-two week high of $89.52.

State Street SPDR Portfolio S&P 500 ETF 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.