Modern Wealth Management LLC Acquires 272,216 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Modern Wealth Management LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 28.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,222,286 shares of the company’s stock after acquiring an additional 272,216 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises 1.6% of Modern Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Modern Wealth Management LLC owned approximately 0.08% of State Street SPDR Portfolio S&P 500 ETF worth $94,263,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. VSM Wealth Advisory LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $28,000. ORG Wealth Partners LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $29,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $29,000. Conquis Financial LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $31,000. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of 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

Shares of NYSEARCA SPYM opened at $86.91 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $72.86 and a 1 year high of $89.52. The firm’s 50 day moving average price is $87.69 and its 200 day moving average price is $83.31.

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.