Legacy Wealth Management LLC MS Increases Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Legacy Wealth Management LLC MS raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 69.7% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 302,964 shares of the company’s stock after purchasing an additional 124,427 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 6.8% of Legacy Wealth Management LLC MS’s 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 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $84,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $32,000. Richardson Financial Services Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $8,138,000. S. R. Schill & Associates bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $17,402,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $385,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPYM opened at $91.01 on Friday. The stock’s fifty day simple moving average is $87.88 and its two-hundred day simple moving average is $83.86. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $91.44.

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.