State Street SPDR Portfolio S&P 500 ETF $SPYM is Legacy Wealth Management LLC MS’s 4th Largest Position

Legacy Wealth Management LLC MS grew its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 69.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 302,964 shares of the company’s stock after buying an additional 124,427 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 6.8% of Legacy Wealth Management LLC MS’s investment portfolio, making the stock its 4th biggest holding. Legacy Wealth Management LLC MS’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $26,625,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPYM. S. R. Schill & Associates purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $17,402,000. Serenus Wealth Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $1,215,000. Richardson Financial Services Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $8,138,000. Nations Financial Group Inc. IA ADV purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $8,458,000. Finally, Sovereign Financial Group Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $587,000.

State Street SPDR Portfolio S&P 500 ETF Trading Up 0.6%

SPYM opened at $91.01 on Friday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $91.44. The company’s 50-day moving average price is $87.88 and its two-hundred day moving average price is $83.86.

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.