JPMorgan Chase & Co. Has $5.40 Million Stock Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

JPMorgan Chase & Co. raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 767.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 224,311 shares of the company’s stock after acquiring an additional 198,457 shares during the quarter. JPMorgan Chase & Co. owned about 0.11% of SPDR Portfolio High Yield Bond ETF worth $5,395,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Appleton Partners Inc. MA increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 2.1% during the third quarter. Appleton Partners Inc. MA now owns 116,598 shares of the company’s stock worth $2,804,000 after purchasing an additional 2,397 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in SPDR Portfolio High Yield Bond ETF by 625.8% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 6,460 shares of the company’s stock valued at $155,000 after buying an additional 5,570 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 58.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 431,178 shares of the company’s stock valued at $10,370,000 after buying an additional 158,959 shares in the last quarter. NBC Securities Inc. increased its position in SPDR Portfolio High Yield Bond ETF by 8.0% during the 3rd quarter. NBC Securities Inc. now owns 9,670 shares of the company’s stock worth $232,000 after buying an additional 718 shares during the period. Finally, Godshalk Welsh Capital Management Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 2.9% during the second quarter. Godshalk Welsh Capital Management Inc. now owns 18,000 shares of the company’s stock worth $418,000 after buying an additional 500 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.68 on Friday. The firm has a 50-day moving average of $23.66 and a 200-day moving average of $23.65. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.82 and a 52-week high of $24.07. The stock has a market cap of $4.80 billion, a PE ratio of 3.97 and a beta of 0.34.

SPDR Portfolio High Yield Bond ETF Company Profile

The SPDR Portfolio High Yield Bond ETF (SPHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund tracks an index that measures the performance of USD-denominated junk bonds. SPHY was launched on Jun 18, 2012 and is managed by State Street.