State Street SPDR Portfolio S&P 500 ETF $SPYM Stock: Sowell Financial Services LLC Grows Holdings

Sowell Financial Services LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 130.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 500,009 shares of the company’s stock after acquiring an additional 283,066 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 1.2% of Sowell Financial Services LLC’s portfolio, making the stock its 13th largest holding. Sowell Financial Services LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $44,881,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SPYM. Robbins Farley lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 1,704.0% during the 3rd quarter. Robbins Farley now owns 30,974 shares of the company’s stock worth $2,780,000 after buying an additional 29,257 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in State Street SPDR Portfolio S&P 500 ETF by 6.3% in the third quarter. Physician Wealth Advisors Inc. now owns 1,136,927 shares of the company’s stock valued at $102,051,000 after acquiring an additional 67,028 shares during the last quarter. Carnegie Investment Counsel bought a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at about $43,766,000. Sensible Money LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 4.6% during the third quarter. Sensible Money LLC now owns 9,954 shares of the company’s stock worth $894,000 after acquiring an additional 441 shares in the last quarter. Finally, Wagner Wealth Management Corp raised its stake in State Street SPDR Portfolio S&P 500 ETF by 9.6% during the third quarter. Wagner Wealth Management Corp now owns 44,494 shares of the company’s stock worth $3,994,000 after acquiring an additional 3,900 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM stock opened at $90.53 on Wednesday. The firm has a 50-day moving average price of $90.41 and a 200-day moving average price of $87.79. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00.

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.