State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 28.7% in the 1st quarter, Holdings Channel reports. The firm owned 1,222,286 shares of the company’s stock after purchasing an additional 272,216 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 1.6% of Modern Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Modern Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $94,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Greenleaf Trust bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $438,343,000. Advance Capital Management Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $403,256,000. TD Private Client Wealth LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $394,477,000. GM Advisory Group LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $380,655,000. Finally, First Command Advisory Services Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $278,503,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

State Street SPDR Portfolio S&P 500 ETF stock opened at $86.91 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.86 and a 52-week high of $89.52. The firm has a 50 day moving average price of $87.69 and a two-hundred day moving average price of $83.31.

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.