Puff Wealth Management LLC Takes $1.69 Million Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Puff Wealth Management LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,237 shares of the company’s stock, valued at approximately $1,691,000. State Street SPDR Portfolio S&P 500 ETF accounts for 1.7% of Puff Wealth Management LLC’s holdings, making the stock its 19th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in SPYM. WealthShield Partners LLC boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.4% in the first quarter. WealthShield Partners LLC now owns 28,613 shares of the company’s stock worth $2,190,000 after acquiring an additional 124 shares during the last quarter. PFG Investments LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 4.4% during the first quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock worth $234,000 after purchasing an additional 130 shares during the last quarter. Capasso Planning Partners LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 4.5% during the first quarter. Capasso Planning Partners LLC now owns 3,505 shares of the company’s stock worth $268,000 after purchasing an additional 152 shares during the last quarter. Semitam Bonam LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.3% during the first quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock worth $4,076,000 after purchasing an additional 159 shares during the period. Finally, Wilkins Miller Wealth Management LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.8% during the first quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock worth $1,551,000 after purchasing an additional 166 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Trading Up 0.6%

Shares of SPYM opened at $91.01 on Friday. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $91.44. The company’s fifty day moving average is $87.88 and its two-hundred day moving average is $83.86.

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.