KWB Wealth Acquires 615,232 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

KWB Wealth increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 55.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,720,975 shares of the company’s stock after purchasing an additional 615,232 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 12.9% of KWB Wealth’s portfolio, making the stock its biggest position. KWB Wealth’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $151,239,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. SMI Advisory Services LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 8.9% during the 2nd quarter. SMI Advisory Services LLC now owns 4,118 shares of the company’s stock worth $364,000 after buying an additional 336 shares during the period. Fulcrum Equity Management lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 50.7% in the second quarter. Fulcrum Equity Management now owns 28,313 shares of the company’s stock valued at $2,488,000 after buying an additional 9,524 shares in the last quarter. Fulton Bank N.A. boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 39.4% in the second quarter. Fulton Bank N.A. now owns 4,626 shares of the company’s stock valued at $407,000 after buying an additional 1,307 shares during the period. Paladin Wealth LLC boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 12.3% in the second quarter. Paladin Wealth LLC now owns 174,264 shares of the company’s stock valued at $15,314,000 after buying an additional 19,031 shares during the period. Finally, FFG Retirement Advisors LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 25.1% during the second quarter. FFG Retirement Advisors LLC now owns 115,034 shares of the company’s stock worth $10,109,000 after acquiring an additional 23,052 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPYM stock opened at $91.00 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $91.44. The firm has a fifty day moving average of $87.91 and a 200-day moving average of $83.95.

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.