State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Sold by Sanchez Wealth Management Group

Sanchez Wealth Management Group reduced its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 82.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,954 shares of the company’s stock after selling 110,632 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 6.5% of Sanchez Wealth Management Group’s holdings, making the stock its 4th largest position. Sanchez Wealth Management Group’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $2,150,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPYM. Bay Capital Advisors LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 2.9% in the third quarter. Bay Capital Advisors LLC now owns 253,276 shares of the company’s stock worth $22,734,000 after acquiring an additional 7,082 shares in the last quarter. Range Advisory LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 65.5% during the second quarter. Range Advisory LLC now owns 38,788 shares of the company’s stock valued at $3,409,000 after acquiring an additional 15,350 shares in the last quarter. SFG Wealth Management LLC. raised its position in shares of State Street SPDR Portfolio S&P 500 ETF by 11.0% in the 2nd quarter. SFG Wealth Management LLC. now owns 526,644 shares of the company’s stock worth $46,281,000 after purchasing an additional 52,090 shares during the last quarter. Cyndeo Wealth Partners LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $1,526,000. Finally, HWG Holdings LP purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $5,708,000.

State Street SPDR Portfolio S&P 500 ETF Trading Up 1.7%

Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $90.25 on Thursday. The firm’s 50-day moving average is $90.26 and its 200 day moving average is $85.86. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $92.00.

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.