Signet Financial Management LLC Invests $1.13 Million in State Street SPDR Portfolio S&P 500 ETF $SPYM

Signet Financial Management LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 14,786 shares of the company’s stock, valued at approximately $1,132,000.

Other hedge funds have also recently made changes to their positions in the company. Serenus Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $1,215,000. S. R. Schill & Associates bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $17,402,000. Richardson Financial Services Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $8,138,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $8,458,000. Finally, Sovereign Financial Group Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $587,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPYM stock opened at $88.84 on Thursday. The company’s 50 day moving average is $87.61 and its 200 day moving average is $83.02. 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 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.