FLP Wealth Management LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 10,974 shares of the company’s stock, valued at approximately $840,000. State Street SPDR Portfolio S&P 500 ETF accounts for 1.4% of FLP Wealth Management LLC’s holdings, making the stock its 24th biggest position.
A number of other institutional investors and hedge funds have also made changes to their positions in SPYM. Serenus Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $1,215,000. S. R. Schill & Associates acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $17,402,000. Nations Financial Group Inc. IA ADV purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $8,458,000. Richardson Financial Services Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $8,138,000. Finally, Sovereign Financial Group Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $587,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
SPYM opened at $87.67 on Monday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.69 and a 52-week high of $89.52. The firm’s fifty day simple moving average is $86.98 and its two-hundred day simple moving average is $82.57.
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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