Sowell Financial Services LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 130.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 500,009 shares of the company’s stock after purchasing an additional 283,066 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 1.2% of Sowell Financial Services LLC’s holdings, making the stock its 13th largest position. Sowell Financial Services LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $44,881,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Allianz Asset Management GmbH raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 133.0% in 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 acquiring an additional 26,382,568 shares in the last quarter. Advance Capital Management Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $403,256,000. Gradient Investments LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $407,101,000. BlueCrest Capital Management Ltd acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $230,475,000. Finally, Envestnet Asset Management Inc. boosted its stake in 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 acquiring an additional 2,438,519 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $90.53 on Wednesday. The business has a 50-day moving average of $90.41 and a two-hundred day moving average of $87.79. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year 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.
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