FWG Investments LLC. Has $2.29 Million Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

FWG Investments LLC. raised its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 39.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,972 shares of the company’s stock after buying an additional 8,533 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 1.5% of FWG Investments LLC.’s holdings, making the stock its 15th biggest holding. FWG Investments LLC.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $2,294,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. River Street Advisors LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 12.7% during the 1st quarter. River Street Advisors LLC now owns 112,266 shares of the company’s stock worth $8,593,000 after acquiring an additional 12,637 shares during the period. Merkkuri Wealth Advisors LLC increased its stake in State Street SPDR Portfolio S&P 500 ETF by 7.7% in the first quarter. Merkkuri Wealth Advisors LLC now owns 221,717 shares of the company’s stock valued at $16,970,000 after acquiring an additional 15,805 shares during the period. Meridian Financial Advisors LLC increased its stake in State Street SPDR Portfolio S&P 500 ETF by 4.3% in the first quarter. Meridian Financial Advisors LLC now owns 74,249 shares of the company’s stock valued at $5,683,000 after acquiring an additional 3,070 shares during the period. MBE Wealth Management LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 1.9% in the first quarter. MBE Wealth Management LLC now owns 13,852 shares of the company’s stock worth $1,060,000 after purchasing an additional 256 shares in the last quarter. Finally, Maridea Wealth Management LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $4,877,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPYM opened at $85.76 on Friday. The company has a 50-day moving average price of $86.54 and a two-hundred day moving average price of $82.31. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $71.86 and a 12 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.