Merkkuri Wealth Advisors LLC Raises Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Merkkuri Wealth Advisors LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 7.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 221,717 shares of the company’s stock after buying an additional 15,805 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 11.2% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its largest holding. Merkkuri Wealth Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $16,970,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. VSM Wealth Advisory LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $28,000. ORG Wealth Partners LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $29,000. Conquis Financial LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $31,000. Bartlett & CO. Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $32,000. Finally, Investment Research & Advisory Group Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $34,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPYM opened at $85.76 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $71.86 and a 1 year high of $89.52. The firm has a 50-day simple moving average of $86.54 and a two-hundred day simple moving average of $82.31.

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.