Marks Group Wealth Management Inc raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 2,438.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 273,176 shares of the company’s stock after acquiring an additional 262,416 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 2.0% of Marks Group Wealth Management Inc’s portfolio, making the stock its 4th biggest position. Marks Group Wealth Management Inc’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $20,909,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently modified their holdings of the stock. Serenus Wealth Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $1,215,000. S. R. Schill & Associates bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $17,402,000. Richardson Financial Services Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $8,138,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $8,458,000. Finally, Sovereign Financial Group Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $587,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPYM opened at $88.84 on Thursday. The firm has a 50 day moving average of $87.61 and a 200 day moving average of $83.02. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.71 and a twelve month high of $89.52.
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.
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