Rainier Family Wealth Inc. cut its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 13.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,141 shares of the company’s stock after selling 22,910 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises approximately 7.6% of Rainier Family Wealth Inc.’s holdings, making the stock its largest holding. Rainier Family Wealth Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,339,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. VSM Wealth Advisory LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $28,000. ORG Wealth Partners LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $29,000. Conquis Financial LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $31,000. Bartlett & CO. Wealth Management LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $32,000. Finally, Investment Research & Advisory Group Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $34,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of NYSEARCA:SPYM opened at $87.61 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week high of $89.52. The company’s fifty day moving average is $86.14 and its 200-day moving average is $82.16.
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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