Procyon Advisors LLC Makes New $58.08 Million Investment in State Street SPDR Portfolio S&P 500 ETF $SPYM

Procyon Advisors LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 758,822 shares of the company’s stock, valued at approximately $58,080,000. State Street SPDR Portfolio S&P 500 ETF makes up 0.9% of Procyon Advisors LLC’s investment portfolio, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthShield Partners LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.4% during the first quarter. WealthShield Partners LLC now owns 28,613 shares of the company’s stock valued at $2,190,000 after purchasing an additional 124 shares in the last quarter. PFG Investments LLC increased its stake in shares of 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 position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.3% during the 1st quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock valued at $4,076,000 after purchasing an additional 159 shares during the period. Wilkins Miller Wealth Management LLC lifted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 0.8% during the 1st quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock valued at $1,551,000 after buying an additional 166 shares in the last quarter. Finally, Prospect Financial Services LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.6% in the 1st 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 period.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPYM stock opened at $88.85 on Monday. The stock has a fifty day simple moving average of $87.43 and a two-hundred day simple moving average of $82.87. 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.