Paladin Wealth LLC Raises Stock Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Paladin Wealth LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 8.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 155,233 shares of the company’s stock after purchasing an additional 11,579 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises about 8.2% of Paladin Wealth LLC’s investment portfolio, making the stock its largest position. Paladin Wealth LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,882,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. VSM Wealth Advisory LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $28,000. ORG Wealth Partners LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $29,000. Conquis Financial LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $31,000. Bartlett & CO. Wealth Management LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $32,000. Finally, Investment Research & Advisory Group Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $34,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPYM opened at $87.89 on Friday. The company has a 50 day moving average price of $85.99 and a two-hundred day moving average price of $82.09. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week high of $89.52.

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.