State Street SPDR Portfolio S&P 500 ETF $SPYM Stake Lessened by Standpoint Asset Management LLC

Standpoint Asset Management LLC cut its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 3.9% during the first quarter, Holdings Channel.com reports. The fund owned 855,100 shares of the company’s stock after selling 34,400 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises approximately 15.9% of Standpoint Asset Management LLC’s holdings, making the stock its 4th biggest position. Standpoint Asset Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $65,449,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SPYM. Greenleaf Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $438,343,000. TD Private Client Wealth LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $394,477,000. GM Advisory Group LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $380,655,000. First Command Advisory Services Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $278,503,000. Finally, Spinnaker Trust acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $173,811,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPYM stock opened at $87.89 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $69.84 and a 1-year high of $89.52. The stock has a 50 day simple moving average of $85.99 and a 200-day simple moving average of $82.09.

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.