WealthPoint Financial LLC increased its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 30.8% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 88,982 shares of the company’s stock after purchasing an additional 20,955 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 5.3% of WealthPoint Financial LLC’s investment portfolio, making the stock its largest position. WealthPoint Financial LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $6,811,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in SPYM. Greenleaf Trust purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $438,343,000. Advance Capital Management Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $403,256,000. TD Private Client Wealth LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $394,477,000. GM Advisory Group LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $380,655,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $278,503,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
SPYM opened at $87.90 on Monday. The stock’s 50-day moving average price is $87.68 and its 200 day moving average price is $83.56. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.86 and a 12-month 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.
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