Highland Financial Advisors LLC lowered its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 1.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 518,702 shares of the company’s stock after selling 9,810 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 9.9% of Highland Financial Advisors LLC’s investment portfolio, making the stock its largest holding. Highland Financial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $46,559,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Allianz Asset Management GmbH grew its position in 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 worth $4,062,127,000 after purchasing an additional 26,382,568 shares during the last quarter. Advance Capital Management Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $403,256,000. Gradient Investments LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $407,101,000. BlueCrest Capital Management Ltd purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at about $230,475,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% in the second quarter. Envestnet Asset Management Inc. now owns 22,699,990 shares of the company’s stock valued at $1,994,877,000 after buying an additional 2,438,519 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM traded up $0.40 on Monday, reaching $90.23. The company’s stock had a trading volume of 8,192,465 shares, compared to its average volume of 13,555,642. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $92.00. The stock’s 50-day moving average is $90.41 and its two-hundred day moving average is $87.69.
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.
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