Physician Wealth Advisors Inc. boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 62.4% in the first quarter, Holdings Channel.com reports. The firm owned 675,168 shares of the company’s stock after acquiring an additional 259,431 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 7.2% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Physician Wealth Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $51,677,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. VSM Wealth Advisory LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $28,000. ORG Wealth Partners LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $29,000. Conquis Financial LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $31,000. Bartlett & CO. Wealth Management LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $32,000. Finally, Investment Research & Advisory Group Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $34,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
NYSEARCA SPYM opened at $87.77 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $72.53 and a 52 week high of $89.52. The stock’s 50 day moving average price is $86.80 and its two-hundred day moving average price is $82.47.
State Street SPDR Portfolio S&P 500 ETF Company 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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