Delta Wealth Advisors LLC Has $857,000 Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Delta Wealth Advisors LLC cut its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 67.7% during the first quarter, Holdings Channel reports. The fund owned 11,201 shares of the company’s stock after selling 23,497 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises about 0.7% of Delta Wealth Advisors LLC’s holdings, making the stock its 26th biggest holding. Delta Wealth Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $857,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SPYM. Serenus Wealth Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $1,215,000. S. R. Schill & Associates acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $17,402,000. Richardson Financial Services Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $8,138,000. Nations Financial Group Inc. IA ADV bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $8,458,000. Finally, Sovereign Financial Group Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $587,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPYM opened at $85.76 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $71.86 and a 12-month high of $89.52. The business has a 50 day moving average of $86.54 and a 200-day moving average of $82.31.

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.