Paladin Wealth LLC Has $15.31 Million Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Paladin Wealth LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 174,264 shares of the company’s stock after purchasing an additional 19,031 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for about 8.9% of Paladin Wealth LLC’s holdings, making the stock its largest holding. Paladin Wealth LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $15,314,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of SPYM. Advance Capital Management Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $403,256,000. Private Advisor Group LLC grew its position in State Street SPDR Portfolio S&P 500 ETF by 3.7% during the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after acquiring an additional 178,017 shares during the last quarter. TD Private Client Wealth LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $394,477,000. GM Advisory Group LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% during the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after acquiring an additional 116,648 shares in the last quarter. Finally, Gradient Investments LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 6.6% during the second quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock worth $393,246,000 after acquiring an additional 276,367 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPYM opened at $91.00 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $91.44. The firm has a 50 day moving average price of $87.91 and a 200-day moving average price of $83.95.

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.