Waterfront Wealth Inc. raised its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 487.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 35,403 shares of the company’s stock after acquiring an additional 29,381 shares during the period. Waterfront Wealth Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $2,710,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the business. VSM Wealth Advisory LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $28,000. ORG Wealth Partners LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $29,000. Turtle Creek Wealth Advisors LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $29,000. Conquis Financial LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $31,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $32,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.9%
Shares of SPYM stock opened at $88.47 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $72.71 and a 1-year high of $89.52. The firm’s 50-day simple moving average is $87.32 and its 200-day simple moving average is $82.81.
About State Street SPDR Portfolio S&P 500 ETF
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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