Orgel Wealth Management LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 62.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 19,735 shares of the company’s stock after buying an additional 7,550 shares during the quarter. Orgel Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $1,734,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. VSM Wealth Advisory LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $28,000. Turtle Creek Wealth Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $29,000. Compass Financial Management LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $29,000. Conquis Financial LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $31,000. Finally, Strategic Wealth Advisors LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $31,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA:SPYM opened at $90.28 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $91.74. The company’s 50 day moving average is $88.79 and its 200-day moving average is $84.94.
About State Street SPDR Portfolio S&P 500 ETF
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.
Further Reading
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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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