FSB Premier Wealth Management Inc. Invests $10.88 Million in State Street SPDR Portfolio S&P 500 ETF $SPYM

FSB Premier Wealth Management Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the 4th quarter, Holdings Channel reports. The fund acquired 135,658 shares of the company’s stock, valued at approximately $10,882,000. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 3.5% of FSB Premier Wealth Management Inc.’s portfolio, making the stock its 2nd largest position. FSB Premier Wealth Management Inc. owned about 1.70% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $29,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $32,000. Investment Research & Advisory Group Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $34,000. North Star Investment Management Corp. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $47,000. Finally, Highline Wealth Partners LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $50,000.

State Street SPDR Portfolio S&P 500 ETF Stock Down 0.3%

Shares of NYSEARCA SPYM opened at $86.10 on Friday. The stock’s 50-day simple moving average is $80.21. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $66.07 and a 12 month high of $86.65.

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.