Verus Capital Partners LLC raised its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 10.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 accounts for about 1.9% of Verus Capital Partners LLC’s investment portfolio, making the stock its 11th largest position. Verus Capital Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $27,367,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. VSM Wealth Advisory LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $28,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $29,000. Conquis Financial LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $31,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth $31,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.7%
Shares of SPYM stock opened at $87.90 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.86 and a 52-week high of $89.52. The stock has a fifty day simple moving average of $87.68 and a two-hundred day simple moving average of $83.55.
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.
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