Quantum Financial Planning Services Inc. Acquires 45,476 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Quantum Financial Planning Services Inc. lifted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 8.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 584,920 shares of the company’s stock after buying an additional 45,476 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises approximately 15.9% of Quantum Financial Planning Services Inc.’s portfolio, making the stock its 3rd biggest holding. Quantum Financial Planning Services Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $51,403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advance Capital Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $403,256,000. Private Advisor Group LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after buying an additional 178,017 shares in the last quarter. TD Private Client Wealth LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $394,477,000. GM Advisory Group LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 2.5% during the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after purchasing an additional 116,648 shares during the period. Finally, Gradient Investments LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 6.6% during the 2nd quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock worth $393,246,000 after buying an additional 276,367 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPYM opened at $90.94 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $91.44. The company’s fifty day moving average is $87.98 and its 200-day moving average is $84.10.

About State Street SPDR Portfolio S&P 500 ETF

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.