KMG Fiduciary Partners LLC reduced its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 12.0% in the second quarter, HoldingsChannel.com reports. The firm owned 367,274 shares of the company’s stock after selling 49,992 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 3.0% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 8th biggest holding. KMG Fiduciary Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $32,276,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Advance Capital Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth $403,256,000. TD Private Client Wealth LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $394,477,000. GM Advisory Group LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $380,655,000. First Command Advisory Services Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $278,503,000. Finally, Spinnaker Trust bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA SPYM opened at $91.00 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $91.44. The firm has a 50-day moving average of $87.91 and a two-hundred day moving average of $83.95.
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.
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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).
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