Simplicity Wealth LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 22.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 414,641 shares of the company’s stock after acquiring an additional 76,843 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 1.8% of Simplicity Wealth LLC’s investment portfolio, making the stock its 8th largest position. Simplicity Wealth LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $31,737,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Greenleaf Trust acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $438,343,000. Advance Capital Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $403,256,000. TD Private Client Wealth LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $394,477,000. GM Advisory Group LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $380,655,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $278,503,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.4%
Shares of SPYM stock traded up $0.38 during trading hours on Friday, hitting $88.85. 17,378,611 shares of the company’s stock were exchanged, compared to its average volume of 14,448,313. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $72.71 and a fifty-two week high of $89.52. The firm has a 50 day moving average of $87.43 and a two-hundred day moving average of $82.85.
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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