WealthPLAN Partners LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 31.4% during the first quarter, Holdings Channel.com reports. The firm owned 67,180 shares of the company’s stock after purchasing an additional 16,051 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up about 1.0% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 25th biggest position. WealthPLAN Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $5,142,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Greenleaf Trust purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $438,343,000. Advance Capital Management Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $403,256,000. Private Advisor Group LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock worth $381,696,000 after acquiring an additional 178,017 shares in the last quarter. TD Private Client Wealth LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $394,477,000. Finally, GM Advisory Group LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 2.5% during the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after acquiring an additional 116,648 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPYM opened at $88.00 on Wednesday. The company has a 50 day moving average of $87.16 and a two-hundred day moving average of $82.68. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.71 and a twelve month 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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