Gunpowder Capital Management LLC dba Oliver Wealth Management Purchases New Shares in State Street SPDR Portfolio S&P 500 ETF $SPYM

Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 27,017 shares of the company’s stock, valued at approximately $2,167,000. State Street SPDR Portfolio S&P 500 ETF makes up approximately 1.7% of Gunpowder Capital Management LLC dba Oliver Wealth Management’s holdings, making the stock its 16th largest position. Gunpowder Capital Management LLC dba Oliver Wealth Management owned about 33.77% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SPYM. Ayalon Insurance Comp Ltd. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $1,256,000. Cullen Investment Group LTD. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $776,000. Defender Capital LLC. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $738,000. Heartwood Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $391,000. Finally, HWG Holdings LP acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $3,599,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPYM opened at $87.89 on Friday. The stock has a 50-day moving average of $85.99 and a 200 day moving average of $82.09. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $69.84 and a twelve 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.