SK Wealth Management LLC Increases Stock Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

SK Wealth Management LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 8.5% in the 1st quarter, Holdings Channel reports. The firm owned 96,959 shares of the company’s stock after acquiring an additional 7,619 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 2.1% of SK Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. SK Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $7,520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYM. VSM Wealth Advisory LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $28,000. ORG Wealth Partners LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $29,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $29,000. Conquis Financial LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $31,000. Finally, Strategic Wealth Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $31,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPYM opened at $87.48 on Friday. The business has a 50 day simple moving average of $87.67 and a two-hundred day simple moving average of $83.10. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $72.86 and a 1-year high of $89.52.

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.