Gateway Wealth Partners LLC boosted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 144.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 695,533 shares of the company’s stock after buying an additional 410,813 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 2.1% of Gateway Wealth Partners LLC’s portfolio, making the stock its 3rd biggest holding. Gateway Wealth Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $53,236,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Worth Asset Management LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $9,280,000. ORG Wealth Partners LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $29,000. Jaffetilchin Investment Partners LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $1,318,000. Fortitude Family Office LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $3,018,000. Finally, Highline Wealth Partners LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $50,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
SPYM opened at $86.96 on Monday. State Street SPDR Portfolio S&P 500 ETF has a one year low of $72.86 and a one year high of $89.52. The business’s 50 day moving average price is $87.69 and its 200 day moving average price is $83.36.
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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