State Street SPDR Portfolio S&P 500 ETF $SPYM is Penobscot Wealth Management’s Largest Position

Penobscot Wealth Management increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 1.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 793,804 shares of the company’s stock after purchasing an additional 14,818 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 18.0% of Penobscot Wealth Management’s holdings, making the stock its biggest holding. Penobscot Wealth Management’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $60,758,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Tower View Wealth Management LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 4.4% in the first quarter. Tower View Wealth Management LLC now owns 124,052 shares of the company’s stock worth $9,495,000 after buying an additional 5,283 shares in the last quarter. Fiduciary Alliance LLC boosted its position in State Street SPDR Portfolio S&P 500 ETF by 895.8% during the 1st quarter. Fiduciary Alliance LLC now owns 434,686 shares of the company’s stock valued at $35,809,000 after acquiring an additional 391,036 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in State Street SPDR Portfolio S&P 500 ETF by 21.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 17,680 shares of the company’s stock valued at $1,353,000 after acquiring an additional 3,182 shares in the last quarter. Higgins & Schmidt Wealth Strategies LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $5,797,000. Finally, Ritholtz Wealth Management increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 24.3% in the 1st quarter. Ritholtz Wealth Management now owns 60,294 shares of the company’s stock valued at $4,615,000 after acquiring an additional 11,788 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM opened at $86.31 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $71.78 and a 12 month high of $89.52. The stock has a fifty day moving average price of $86.47 and a 200-day moving average price of $82.28.

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.