Pacific Excel Wealth Advisors Inc. Acquires 56,861 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Pacific Excel Wealth Advisors Inc. boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 496.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,319 shares of the company’s stock after purchasing an additional 56,861 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 2.3% of Pacific Excel Wealth Advisors Inc.’s holdings, making the stock its 10th largest holding. Pacific Excel Wealth Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $6,004,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPYM. Greenleaf Trust bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $438,343,000. Advance Capital Management Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth about $403,256,000. Private Advisor Group LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock worth $381,696,000 after acquiring an additional 178,017 shares during the last quarter. TD Private Client Wealth LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $394,477,000. Finally, GM Advisory Group LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after acquiring an additional 116,648 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Trading Up 1.8%

Shares of SPYM stock opened at $90.79 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $73.77 and a 1 year high of $91.04. The firm’s 50 day moving average is $87.76 and its 200-day moving average is $83.68.

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.