Soundwatch Capital LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the third quarter, Holdings Channel reports. The fund bought 20,456 shares of the company’s stock, valued at approximately $1,853,000. State Street SPDR Portfolio S&P 500 ETF comprises about 0.2% of Soundwatch Capital LLC’s investment portfolio, making the stock its 13th biggest position.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AlphaCore Capital LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 1.6% during the third quarter. AlphaCore Capital LLC now owns 304,963 shares of the company’s stock valued at $27,373,000 after acquiring an additional 4,794 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 72.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 76,951 shares of the company’s stock worth $6,919,000 after purchasing an additional 32,330 shares during the period. Edgemoor Investment Advisors Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $251,000. FWG Investments LLC. grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 24.0% in the third quarter. FWG Investments LLC. now owns 87,674 shares of the company’s stock worth $7,870,000 after purchasing an additional 16,996 shares during the last quarter. Finally, M Holdings Securities Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter worth $2,999,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
NYSEARCA SPYM opened at $88.59 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $92.00. The stock has a fifty day simple moving average of $90.06 and a 200 day simple moving average of $85.95.
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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Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
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