Prime Capital Investment Advisors LLC boosted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 9.8% in the third quarter, HoldingsChannel reports. The firm owned 133,799 shares of the company’s stock after buying an additional 11,942 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $12,010,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYM. Allianz Asset Management GmbH lifted its position 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 worth $4,062,127,000 after buying an additional 26,382,568 shares in the last quarter. Vertex Investment Solutions Co. Ltd. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $2,077,794,000. Envestnet Asset Management Inc. grew 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 acquiring an additional 2,438,519 shares in the last quarter. Gradient Investments LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $407,101,000. Finally, NorthRock Partners LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 11.2% during the second 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 last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.3%
Shares of SPYM opened at $90.53 on Wednesday. The stock has a 50 day moving average of $90.41 and a 200 day moving average of $87.79. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00.
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.
Further Reading
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
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.
