Pine Valley Investments Ltd Liability Co raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 14.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 145,017 shares of the company’s stock after buying an additional 18,152 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,100,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in the stock. VSM Wealth Advisory LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $28,000. Turtle Creek Wealth Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $29,000. Conquis Financial LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $31,000. Strategic Wealth Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $31,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at about $31,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM opened at $87.90 on Monday. The stock’s 50-day simple moving average is $87.68 and its two-hundred day simple moving average is $83.56. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.86 and a 52-week high of $89.52.
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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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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