Waterway Wealth Management LLC Makes New $504,000 Investment in State Street SPDR Portfolio S&P 500 ETF $SPYM

Waterway Wealth Management LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,283 shares of the company’s stock, valued at approximately $504,000. Waterway Wealth Management LLC owned approximately 7.85% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Greenleaf Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $438,343,000. TD Private Client Wealth LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $394,477,000. GM Advisory Group LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $380,655,000. First Command Advisory Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $278,503,000. Finally, Spinnaker Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $173,811,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPYM opened at $88.09 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week high of $89.52. The firm has a fifty day simple moving average of $85.38 and a two-hundred day simple moving average of $81.95.

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.