Sterling Group Wealth Management LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 4.8% during the first quarter, HoldingsChannel reports. The firm owned 1,079,682 shares of the company’s stock after purchasing an additional 49,533 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises 39.1% of Sterling Group Wealth Management LLC’s investment portfolio, making the stock its biggest position. Sterling Group Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $82,639,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the business. Ayalon Insurance Comp Ltd. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $1,256,000. Cullen Investment Group LTD. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $776,000. Defender Capital LLC. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $738,000. Heartwood Wealth Advisors LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $391,000. Finally, HWG Holdings LP acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $3,599,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPYM opened at $88.18 on Tuesday. The stock’s 50-day moving average price is $87.50 and its 200 day moving average price is $82.92. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.71 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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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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