State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Position Decreased by GK Wealth Management LLC

GK Wealth Management LLC cut its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 31.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,495 shares of the company’s stock after selling 6,524 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 0.7% of GK Wealth Management LLC’s holdings, making the stock its 28th biggest position. GK Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $1,301,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYM. Allianz Asset Management GmbH lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 133.0% during 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 in the last quarter. Advance Capital Management Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth approximately $403,256,000. Gradient Investments LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter worth $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 worth $230,475,000. Finally, Envestnet Asset Management Inc. increased its stake 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 worth $1,994,877,000 after purchasing an additional 2,438,519 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Up 0.6%

Shares of SPYM stock traded up $0.57 on Friday, hitting $91.64. 28,644,562 shares of the stock traded hands, compared to its average volume of 13,594,659. 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 has a 50 day simple moving average of $90.38 and a two-hundred day simple moving average of $86.99.

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.