Kingswood Wealth Advisors LLC Invests $29.12 Million in State Street SPDR Portfolio S&P 500 ETF $SPYM

Kingswood Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 362,880 shares of the company’s stock, valued at approximately $29,122,000. State Street SPDR Portfolio S&P 500 ETF makes up about 1.4% of Kingswood Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest position. Kingswood Wealth Advisors LLC owned about 4.54% of State Street SPDR Portfolio S&P 500 ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of SPYM. Greenleaf Trust bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $438,343,000. Crews Bank & Trust bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $91,162,000. Farther Finance Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $53,754,000. Jackson Wealth Management LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $42,581,000. Finally, Harbor Capital Advisors Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $27,259,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

State Street SPDR Portfolio S&P 500 ETF stock opened at $82.87 on Wednesday. The business has a 50-day simple moving average of $79.44. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $61.06 and a 1 year high of $83.85.

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.