State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Position Reduced by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC trimmed its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 319,169 shares of the company’s stock after selling 6,249 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 3.7% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 7th biggest position. Cornerstone Advisors Asset Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $28,049,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SPYM. Sovereign Financial Group Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $587,000. Goodman Financial Corp purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $2,575,000. FWG Investments LLC. increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 39.8% in the first quarter. FWG Investments LLC. now owns 29,972 shares of the company’s stock valued at $2,294,000 after purchasing an additional 8,533 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $15,570,000. Finally, Cassilly Financial Group LLC raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 61.1% in the second quarter. Cassilly Financial Group LLC now owns 77,920 shares of the company’s stock worth $6,848,000 after acquiring an additional 29,549 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.4%

NYSEARCA SPYM opened at $90.67 on Friday. The company has a 50 day moving average price of $89.12 and a two-hundred day moving average price of $85.17. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $91.74.

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.