Bessemer Group Inc. Raises Stock Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Bessemer Group Inc. grew its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 13,623.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,881 shares of the company’s stock after purchasing an additional 9,809 shares during the quarter. Bessemer Group Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $756,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPYM. WealthShield Partners LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 0.4% during the 1st quarter. WealthShield Partners LLC now owns 28,613 shares of the company’s stock valued at $2,190,000 after purchasing an additional 124 shares in the last quarter. PFG Investments LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 4.4% during the first quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock valued at $234,000 after buying an additional 130 shares during the period. Semitam Bonam LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.3% in the first quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock worth $4,076,000 after buying an additional 159 shares in the last quarter. Wilkins Miller Wealth Management LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 0.8% in the first quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock worth $1,551,000 after buying an additional 166 shares in the last quarter. Finally, Prospect Financial Services LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.6% in the first quarter. Prospect Financial Services LLC now owns 26,692 shares of the company’s stock worth $2,043,000 after buying an additional 166 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPYM opened at $86.91 on Friday. The company has a 50-day simple moving average of $87.69 and a two-hundred day simple moving average of $83.31. State Street SPDR Portfolio S&P 500 ETF has a one year low of $72.86 and a one year high of $89.52.

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.