Physician Wealth Advisors Inc. Raises Stock Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Physician Wealth Advisors Inc. lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 62.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 675,168 shares of the company’s stock after buying an additional 259,431 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 7.2% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd biggest holding. Physician Wealth Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $51,677,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SPYM. Greenleaf Trust bought a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $438,343,000. TD Private Client Wealth LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $394,477,000. GM Advisory Group LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $380,655,000. First Command Advisory Services Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $278,503,000. Finally, Spinnaker Trust acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $173,811,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPYM opened at $87.77 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.53 and a 12-month high of $89.52. The stock’s fifty day simple moving average is $86.80 and its 200-day simple moving average is $82.47.

State Street SPDR Portfolio S&P 500 ETF Company 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.