Lifelong Wealth Advisors Inc. lifted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 17.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 940,424 shares of the company’s stock after purchasing an additional 139,890 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 19.4% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its largest position. Lifelong Wealth Advisors Inc. owned about 0.05% of State Street SPDR Portfolio S&P 500 ETF worth $82,644,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. Advance Capital Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $403,256,000. Private Advisor Group LLC increased its stake in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after buying an additional 178,017 shares during the period. TD Private Client Wealth LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $394,477,000. GM Advisory Group LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after buying an additional 116,648 shares in the last quarter. Finally, Gradient Investments LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 6.6% during the 2nd quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock valued at $393,246,000 after buying an additional 276,367 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM opened at $91.56 on Friday. The firm has a fifty day moving average of $88.03 and a two-hundred day moving average of $84.17. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $91.74.
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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