Macco Financial Group Inc. lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 688,433 shares of the company’s stock after purchasing an additional 55,033 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises 37.4% of Macco Financial Group Inc.’s portfolio, making the stock its largest position. Macco Financial Group Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $61,794,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in SPYM. Confluence Wealth Services Inc. grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 15.7% during the 3rd quarter. Confluence Wealth Services Inc. now owns 14,068 shares of the company’s stock valued at $1,263,000 after purchasing an additional 1,909 shares in the last quarter. Moneco Advisors LLC increased its stake in State Street SPDR Portfolio S&P 500 ETF by 6.2% during the 3rd quarter. Moneco Advisors LLC now owns 710,209 shares of the company’s stock worth $63,748,000 after buying an additional 41,688 shares during the period. Keybank National Association OH acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $1,262,000. Elevated Capital Advisors LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 1.1% in the 3rd quarter. Elevated Capital Advisors LLC now owns 113,205 shares of the company’s stock worth $10,161,000 after buying an additional 1,209 shares in the last quarter. Finally, Cornerstone Wealth Management LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 4.0% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 691,150 shares of the company’s stock worth $62,038,000 after buying an additional 26,578 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $88.28 on Wednesday. The business has a 50-day moving average of $90.02 and a 200-day moving average of $85.99. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $92.00.
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.
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