FLP Wealth Management LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 8,266 shares of the company’s stock, valued at approximately $633,000. State Street SPDR Portfolio S&P 500 ETF makes up about 0.9% of FLP Wealth Management LLC’s portfolio, making the stock its 21st largest holding.
Other institutional investors have also added to or reduced their stakes in the company. James J. Burns & Company LLC raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 6.6% during the 1st quarter. James J. Burns & Company LLC now owns 3,810 shares of the company’s stock worth $292,000 after acquiring an additional 235 shares in the last quarter. Provident Wealth Management LLC boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 3.8% during the 1st quarter. Provident Wealth Management LLC now owns 7,027 shares of the company’s stock valued at $538,000 after acquiring an additional 256 shares during the last quarter. MBE Wealth Management LLC boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 1.9% during the 1st quarter. MBE Wealth Management LLC now owns 13,852 shares of the company’s stock valued at $1,060,000 after acquiring an additional 256 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $28,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $29,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPYM opened at $85.76 on Friday. The company’s fifty day moving average is $86.54 and its 200 day moving average is $82.31. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $71.86 and a fifty-two week 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.
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Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
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