BlueChip Wealth Advisors LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 103.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 14,666 shares of the company’s stock after purchasing an additional 7,447 shares during the period. BlueChip Wealth Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $1,123,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Conservest Capital Advisors Inc. boosted its position in State Street SPDR Portfolio S&P 500 ETF by 8.4% during the first quarter. Conservest Capital Advisors Inc. now owns 5,392 shares of the company’s stock valued at $413,000 after purchasing an additional 416 shares during the last quarter. Mosaic Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at about $1,229,000. Wealthgarden F.S. LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 45.8% in the 1st quarter. Wealthgarden F.S. LLC now owns 20,760 shares of the company’s stock worth $1,589,000 after purchasing an additional 6,525 shares during the last quarter. Nwam LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 8.5% in the 1st quarter. Nwam LLC now owns 80,733 shares of the company’s stock worth $6,179,000 after purchasing an additional 6,313 shares during the last quarter. Finally, Avantax Planning Partners Inc. raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 6.7% during the 1st quarter. Avantax Planning Partners Inc. now owns 47,968 shares of the company’s stock worth $3,671,000 after purchasing an additional 2,999 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.4%
Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $88.50 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.71 and a 52-week high of $89.52. The stock has a 50-day simple moving average of $87.56 and a 200-day simple moving average of $82.97.
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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Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
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