Rainier Family Wealth Inc. cut its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 13.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,141 shares of the company’s stock after selling 22,910 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 7.6% of Rainier Family Wealth Inc.’s investment portfolio, making the stock its largest position. Rainier Family Wealth Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,339,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Ayalon Insurance Comp Ltd. bought a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $1,256,000. Cullen Investment Group LTD. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $776,000. Defender Capital LLC. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $738,000. Heartwood Wealth Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $391,000. Finally, HWG Holdings LP acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $3,599,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.3%
NYSEARCA:SPYM opened at $87.61 on Tuesday. The company has a 50-day moving average of $86.14 and a 200-day moving average of $82.16. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week 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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