Money Concepts Capital Corp Makes New Investment in State Street SPDR Portfolio S&P 500 ETF $SPYM

Money Concepts Capital Corp acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 176,740 shares of the company’s stock, valued at approximately $15,864,000. State Street SPDR Portfolio S&P 500 ETF accounts for about 0.7% of Money Concepts Capital Corp’s holdings, making the stock its 26th largest holding.

Several other large investors have also modified their holdings of SPYM. Accel Wealth Management raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 3rd quarter. Accel Wealth Management now owns 3,348 shares of the company’s stock worth $300,000 after acquiring an additional 121 shares during the period. Leverty Financial Group LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 2.4% during the 3rd quarter. Leverty Financial Group LLC now owns 5,391 shares of the company’s stock worth $484,000 after acquiring an additional 125 shares during the last quarter. James T. Borello RIA lifted its position in State Street SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. James T. Borello RIA now owns 4,054 shares of the company’s stock worth $364,000 after acquiring an additional 126 shares during the last quarter. Aspen Wealth Management LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.5% during the third quarter. Aspen Wealth Management LLC now owns 27,231 shares of the company’s stock valued at $2,444,000 after acquiring an additional 128 shares during the period. Finally, Traynor Capital Management Inc. boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.3% during the third quarter. Traynor Capital Management Inc. now owns 52,669 shares of the company’s stock valued at $4,728,000 after acquiring an additional 151 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPYM opened at $89.13 on Friday. The company has a market cap of $185.39 billion, a P/E ratio of 23.80 and a beta of 1.01. The stock’s 50-day moving average is $90.00 and its 200-day moving average is $86.07. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $92.00.

State Street SPDR Portfolio S&P 500 ETF Company 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.