Vicus Capital lifted its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 24.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,262,820 shares of the company’s stock after acquiring an additional 451,679 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 12.7% of Vicus Capital’s investment portfolio, making the stock its biggest position. Vicus Capital’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $173,196,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYM. Orange Investment Advisors Inc. grew its position in State Street SPDR Portfolio S&P 500 ETF by 50.4% during the first quarter. Orange Investment Advisors Inc. now owns 93,547 shares of the company’s stock valued at $7,160,000 after acquiring an additional 31,354 shares during the last quarter. Bay Capital Advisors LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 3.4% in the 1st quarter. Bay Capital Advisors LLC now owns 234,726 shares of the company’s stock valued at $17,966,000 after purchasing an additional 7,655 shares in the last quarter. Princeton Global Asset Management LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 18.2% in the 1st quarter. Princeton Global Asset Management LLC now owns 1,794 shares of the company’s stock valued at $137,000 after purchasing an additional 276 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 130.9% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 228,042 shares of the company’s stock worth $17,454,000 after purchasing an additional 129,283 shares during the period. Finally, Financial Futures Ltd Liability Co. raised its position in State Street SPDR Portfolio S&P 500 ETF by 3.5% in the 1st quarter. Financial Futures Ltd Liability Co. now owns 172,073 shares of the company’s stock worth $13,170,000 after purchasing an additional 5,799 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
SPYM opened at $85.76 on Monday. The stock’s 50 day simple moving average is $86.54 and its 200 day simple moving average is $82.32. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $71.86 and a 1 year 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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