MN Wealth Advisors LLC Makes New $3.42 Million Investment in State Street SPDR Portfolio S&P 500 ETF $SPYM

MN Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,609 shares of the company’s stock, valued at approximately $3,418,000. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 1.7% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. MN Wealth Advisors LLC owned approximately 53.26% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Serenus Wealth Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $1,215,000. S. R. Schill & Associates purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $17,402,000. Confluence Wealth Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $1,057,000. Fiduciary Alliance LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $3,502,000. Finally, Richardson Financial Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $8,138,000.

State Street SPDR Portfolio S&P 500 ETF Stock Up 1.0%

Shares of NYSEARCA:SPYM opened at $84.56 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $65.40 and a 1 year high of $84.71. The company’s 50 day simple moving average is $79.90.

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.