State Street SPDR Portfolio S&P 500 ETF $SPYM is Lord & Richards Wealth Management LLC’s Largest Position

Lord & Richards Wealth Management LLC grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 201,608 shares of the company’s stock after buying an additional 8,153 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 13.5% of Lord & Richards Wealth Management LLC’s holdings, making the stock its biggest position. Lord & Richards Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $15,431,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYM. Serenus Wealth Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $1,215,000. S. R. Schill & Associates bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $17,402,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $8,458,000. Richardson Financial Services Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $8,138,000. Finally, Sovereign Financial Group Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at approximately $587,000.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.1%

Shares of NYSEARCA:SPYM opened at $86.26 on Thursday. The stock has a fifty day simple moving average of $86.38 and a two-hundred day simple moving average of $82.24. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $71.45 and a 12-month high of $89.52.

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.