State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 691,150 shares of the company’s stock after purchasing an additional 26,578 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for about 2.6% of Cornerstone Wealth Management LLC’s holdings, making the stock its 4th biggest position. Cornerstone Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $62,038,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bay Capital Advisors LLC grew its position in State Street SPDR Portfolio S&P 500 ETF by 2.9% during the 3rd quarter. Bay Capital Advisors LLC now owns 253,276 shares of the company’s stock worth $22,734,000 after purchasing an additional 7,082 shares in the last quarter. Range Advisory LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 65.5% during the 2nd quarter. Range Advisory LLC now owns 38,788 shares of the company’s stock valued at $3,409,000 after purchasing an additional 15,350 shares during the period. SFG Wealth Management LLC. raised its stake in State Street SPDR Portfolio S&P 500 ETF by 11.0% during the 2nd quarter. SFG Wealth Management LLC. now owns 526,644 shares of the company’s stock valued at $46,281,000 after purchasing an additional 52,090 shares during the period. Cyndeo Wealth Partners LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $1,526,000. Finally, HWG Holdings LP purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $5,708,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM opened at $88.28 on Wednesday. The stock has a fifty day moving average of $90.02 and a 200-day moving average of $85.99. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $92.00.

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.