Waterfront Wealth Inc. Grows Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Waterfront Wealth Inc. raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 487.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,403 shares of the company’s stock after acquiring an additional 29,381 shares during the quarter. 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 quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. PFG Investments LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 4.4% during the first quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock valued at $234,000 after acquiring an additional 130 shares during the last quarter. Semitam Bonam LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.3% in the 1st quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock valued at $4,076,000 after purchasing an additional 159 shares during the last quarter. Wilkins Miller Wealth Management LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.8% in the 1st quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock valued at $1,551,000 after purchasing an additional 166 shares during the last quarter. Prospect Financial Services LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.6% in the 1st quarter. Prospect Financial Services LLC now owns 26,692 shares of the company’s stock valued at $2,043,000 after purchasing an additional 166 shares during the last quarter. Finally, Berger Financial Group Inc lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 2.2% in the 1st quarter. Berger Financial Group Inc now owns 10,156 shares of the company’s stock valued at $777,000 after purchasing an additional 220 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Up 0.9%

State Street SPDR Portfolio S&P 500 ETF stock opened at $88.47 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.71 and a 12-month high of $89.52. The firm’s 50-day moving average is $87.32 and its two-hundred day moving average is $82.81.

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.