Concurrent Investment Advisors LLC Acquires 38,032 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Concurrent Investment Advisors LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 7.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 543,456 shares of the company’s stock after purchasing an additional 38,032 shares during the period. Concurrent Investment Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $47,759,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPYM. Crestwood Advisors Group LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $14,316,000. Winch Advisory Services LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $74,000. FSB Premier Wealth Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $10,882,000. Washington Trust Advisors Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $61,000. Finally, 49 Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $160,257,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM opened at $91.01 on Friday. The stock’s 50 day simple moving average is $89.03 and its 200 day simple moving average is $85.13. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $91.74.

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.