Brown Miller Wealth Management LLC Has $6.30 Million Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Brown Miller Wealth Management LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 82,278 shares of the company’s stock after buying an additional 8,941 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for about 1.8% of Brown Miller Wealth Management LLC’s portfolio, making the stock its 8th largest position. Brown Miller Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $6,298,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ayalon Insurance Comp Ltd. acquired a new position 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 in the 4th quarter valued at approximately $776,000. Defender Capital LLC. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $738,000. Heartwood Wealth Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $391,000. Finally, HWG Holdings LP bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $3,599,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPYM opened at $87.18 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.36 and a 52-week high of $89.52. The firm has a 50 day moving average price of $86.63 and a 200 day moving average price of $82.37.

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.