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

PCG Wealth Advisors LLC trimmed its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 8.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 93,290 shares of the company’s stock after selling 8,419 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 1.8% of PCG Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. PCG Wealth Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $8,198,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPYM. POM Investment Strategies LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 1.8% in the second quarter. POM Investment Strategies LLC now owns 11,432 shares of the company’s stock valued at $1,005,000 after buying an additional 207 shares during the last quarter. SFG Wealth Management LLC. lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 11.0% during the 2nd quarter. SFG Wealth Management LLC. now owns 526,644 shares of the company’s stock valued at $46,281,000 after buying an additional 52,090 shares in the last quarter. HB Wealth Management LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 28.6% in the 2nd quarter. HB Wealth Management LLC now owns 6,981 shares of the company’s stock valued at $614,000 after buying an additional 1,553 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 28.8% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 21,750 shares of the company’s stock valued at $1,911,000 after acquiring an additional 4,868 shares during the last quarter. Finally, Asset Allocation Strategies LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 31.1% during the second quarter. Asset Allocation Strategies LLC now owns 577,339 shares of the company’s stock worth $50,737,000 after buying an additional 136,852 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM stock opened at $90.67 on Friday. The business has a fifty day moving average of $89.12 and a two-hundred day moving average of $85.17. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $91.74.

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.