Cullen Capital Management LLC Invests $2.02 Million in State Street SPDR Portfolio S&P 500 ETF $SPYM

Cullen Capital Management LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 22,099 shares of the company’s stock, valued at approximately $2,025,000.

Other hedge funds also recently made changes to their positions in the company. United Community Bank purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $79,000. Opus Capital Group LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $324,000. Strategic Blueprint LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $20,105,000. SOL Capital Management CO purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $41,646,000. Finally, Archer Investment Corp bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $19,246,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPYM opened at $89.88 on Tuesday. The stock’s 50 day moving average is $88.52 and its 200 day moving average is $84.61. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $91.74.

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.