Physician Wealth Advisors Inc. Buys 67,028 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Physician Wealth Advisors Inc. grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 6.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,136,927 shares of the company’s stock after buying an additional 67,028 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up 11.7% of Physician Wealth Advisors Inc.’s holdings, making the stock its 2nd biggest holding. Physician Wealth Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $102,051,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Allianz Asset Management GmbH increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 133.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 46,223,571 shares of the company’s stock worth $4,062,127,000 after buying an additional 26,382,568 shares during the last quarter. Vertex Investment Solutions Co. Ltd. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $2,077,794,000. Envestnet Asset Management Inc. boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 12.0% in the second quarter. Envestnet Asset Management Inc. now owns 22,699,990 shares of the company’s stock valued at $1,994,877,000 after acquiring an additional 2,438,519 shares during the last quarter. Gradient Investments LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $407,101,000. Finally, NorthRock Partners LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 11.2% in the second quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after acquiring an additional 465,087 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM stock opened at $90.53 on Wednesday. The stock has a 50-day moving average price of $90.41 and a two-hundred day moving average price of $87.79. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $92.00.

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.