Farther Finance Advisors LLC Buys New Shares in State Street SPDR Portfolio S&P 500 ETF $SPYM

Farther Finance Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 670,081 shares of the company’s stock, valued at approximately $53,754,000. State Street SPDR Portfolio S&P 500 ETF accounts for 0.6% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Farther Finance Advisors LLC owned about 837.60% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPYM. ORG Wealth Partners LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $29,000. Bartlett & CO. Wealth Management LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $32,000. Investment Research & Advisory Group Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $34,000. Highline Wealth Partners LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $50,000. Finally, Sound Income Strategies LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $84,000.

State Street SPDR Portfolio S&P 500 ETF Stock Up 1.2%

NYSEARCA:SPYM opened at $81.74 on Wednesday. The company has a fifty day moving average of $79.24. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $59.81 and a 12-month high of $82.11.

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.