State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Purchased by Independent Wealth Network Inc.

Independent Wealth Network Inc. boosted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 31.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 199,352 shares of the company’s stock after buying an additional 47,214 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up about 4.5% of Independent Wealth Network Inc.’s holdings, making the stock its 2nd biggest position. Independent Wealth Network Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $15,258,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Foster & Motley Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $317,000. Threadgill Financial LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $542,000. Louisiana State Employees Retirement System acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $51,473,000. Parkway Wealth Management Group LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 15.7% during the 1st quarter. Parkway Wealth Management Group LLC now owns 45,852 shares of the company’s stock worth $3,669,000 after purchasing an additional 6,233 shares in the last quarter. Finally, Penobscot Wealth Management increased its position in State Street SPDR Portfolio S&P 500 ETF by 1.9% during the 1st quarter. Penobscot Wealth Management now owns 793,804 shares of the company’s stock worth $60,758,000 after purchasing an additional 14,818 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA: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 company’s 50-day moving average is $86.47 and its two-hundred day moving average is $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.