State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Newly Purchased by USA Financial Formulas

USA Financial Formulas purchased a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,831 shares of the company’s stock, valued at approximately $523,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Allianz Asset Management GmbH boosted 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 valued at $4,062,127,000 after purchasing an additional 26,382,568 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% in 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. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $403,256,000. Private Advisor Group LLC raised its holdings in shares of 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 worth $381,696,000 after purchasing an additional 178,017 shares in the last quarter. Finally, GM Advisory Group LLC raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after purchasing an additional 116,648 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM stock opened at $89.83 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00. The firm has a 50 day simple moving average of $90.43 and a 200 day simple moving average of $87.49.

About State Street SPDR Portfolio S&P 500 ETF

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.