Financial Enhancement Group LLC Reduces Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Financial Enhancement Group LLC trimmed its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 3.5% in the first quarter, HoldingsChannel.com reports. The firm owned 621,656 shares of the company’s stock after selling 22,313 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 6.4% of Financial Enhancement Group LLC’s investment portfolio, making the stock its biggest holding. Financial Enhancement Group LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $51,958,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $28,000. ORG Wealth Partners LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $29,000. Conquis Financial LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $31,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $32,000. Finally, Investment Research & Advisory Group Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $34,000.

State Street SPDR Portfolio S&P 500 ETF Stock Down 0.1%

Shares of SPYM stock opened at $86.26 on Thursday. The stock has a 50-day simple moving average of $86.38 and a 200 day simple moving average of $82.24. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $71.45 and a fifty-two week high of $89.52.

State Street SPDR Portfolio S&P 500 ETF 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.