Downshift Financial LLC Acquires 8,424 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Downshift Financial LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 15.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 64,018 shares of the company’s stock after buying an additional 8,424 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 2.6% of Downshift Financial LLC’s portfolio, making the stock its 11th largest position. Downshift Financial LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $5,347,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. PFG Investments LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 4.4% in the first quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock worth $234,000 after purchasing an additional 130 shares in the last quarter. Semitam Bonam LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.3% during the first quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock valued at $4,076,000 after buying an additional 159 shares in the last quarter. Wilkins Miller Wealth Management LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.8% in the first quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock worth $1,551,000 after buying an additional 166 shares during the last quarter. Prospect Financial Services LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.6% in the first quarter. Prospect Financial Services LLC now owns 26,692 shares of the company’s stock worth $2,043,000 after buying an additional 166 shares during the last quarter. Finally, Berger Financial Group Inc boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 2.2% during the 1st quarter. Berger Financial Group Inc now owns 10,156 shares of the company’s stock worth $777,000 after acquiring an additional 220 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPYM opened at $88.26 on Tuesday. The business’s 50-day simple moving average is $87.08 and its 200-day simple moving average is $82.63. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $72.71 and a 52 week high of $89.52.

State Street SPDR Portfolio S&P 500 ETF Company 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.