VCI Wealth Management LLC Boosts Stake in State Street SPDR Portfolio S&P 500 ETF $SPYM

VCI Wealth Management LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 106.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 26,282 shares of the company’s stock after buying an additional 13,522 shares during the period. VCI Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $2,012,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPYM. VSM Wealth Advisory LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $28,000. ORG Wealth Partners LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $29,000. Conquis Financial LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $31,000. Bartlett & CO. Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $32,000. Finally, Investment Research & Advisory Group Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $34,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPYM opened at $85.76 on Friday. The company’s 50-day moving average is $86.54 and its two-hundred day moving average is $82.31. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $71.86 and a 12-month high of $89.52.

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.