Worth Asset Management LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 16.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 132,211 shares of the company’s stock after buying an additional 19,066 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 3.5% of Worth Asset Management LLC’s portfolio, making the stock its 5th largest position. Worth Asset Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,867,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in SPYM. Allianz Asset Management GmbH raised its position in State Street SPDR Portfolio S&P 500 ETF by 133.0% in the second quarter. Allianz Asset Management GmbH now owns 46,223,571 shares of the company’s stock valued at $4,062,127,000 after purchasing an additional 26,382,568 shares during the period. Envestnet Asset Management Inc. increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 22,699,990 shares of the company’s stock worth $1,994,877,000 after purchasing an additional 2,438,519 shares during the last quarter. Advance Capital Management Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $403,256,000. Private Advisor Group LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after buying an additional 178,017 shares during the period. Finally, GM Advisory Group LLC boosted its stake in 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 buying an additional 116,648 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of State Street SPDR Portfolio S&P 500 ETF stock traded down $0.22 on Wednesday, reaching $91.50. The company had a trading volume of 3,990,859 shares, compared to its average volume of 13,417,110. 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 firm’s 50 day moving average price is $90.12 and its two-hundred day moving average price is $86.77.
State Street SPDR Portfolio S&P 500 ETF Company 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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