MKP Capital Management L.L.C. Acquires New Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

MKP Capital Management L.L.C. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the 3rd quarter, Holdings Channel reports. The fund acquired 10,407,000 shares of the company’s stock, valued at approximately $934,132,000. State Street SPDR Portfolio S&P 500 ETF accounts for about 27.7% of MKP Capital Management L.L.C.’s portfolio, making the stock its largest holding.

A number of other institutional investors also recently bought and sold shares of SPYM. Gen Wealth Partners Inc grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 4.9% during the third quarter. Gen Wealth Partners Inc now owns 377,626 shares of the company’s stock valued at $33,896,000 after buying an additional 17,687 shares during the last quarter. Global Wealth Management Investment Advisory Inc. raised its stake in State Street SPDR Portfolio S&P 500 ETF by 8.8% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 4,520 shares of the company’s stock worth $406,000 after acquiring an additional 367 shares during the last quarter. Nemes Rush Group LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 16.9% in the 3rd quarter. Nemes Rush Group LLC now owns 33,238 shares of the company’s stock worth $2,983,000 after acquiring an additional 4,795 shares during the last quarter. Soundwatch Capital LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $1,853,000. Finally, AlphaCore Capital LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 1.6% during the 3rd quarter. AlphaCore Capital LLC now owns 304,963 shares of the company’s stock worth $27,373,000 after acquiring an additional 4,794 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPYM opened at $88.28 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $92.00. The business has a 50-day moving average price of $90.02 and a 200-day moving average price of $85.99.

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.