HBK Investments L P boosted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 14.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,616 shares of the company’s stock after purchasing an additional 17,077 shares during the quarter. HBK Investments L P’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $12,094,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in SPYM. Allianz Asset Management GmbH boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 133.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 46,223,571 shares of the company’s stock valued at $4,062,127,000 after buying an additional 26,382,568 shares in the last quarter. Vertex Investment Solutions Co. Ltd. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $2,077,794,000. NorthRock Partners LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 11.2% during the 2nd quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after acquiring an additional 465,087 shares during the period. Advance Capital Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $403,256,000. Finally, Gradient Investments LLC boosted its stake in 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 Price Performance
SPYM traded down $0.39 during midday trading on Wednesday, reaching $88.53. The company’s stock had a trading volume of 13,058,232 shares, compared to its average volume of 13,614,828. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $91.74. The stock’s 50-day moving average is $89.39 and its 200-day moving average is $85.66.
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.
Further Reading
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
