Commonwealth Financial Services LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 59,904 shares of the company’s stock, valued at approximately $5,377,000. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 1.0% of Commonwealth Financial Services LLC’s holdings, making the stock its 21st largest holding.
A number of other institutional investors also recently bought and sold shares of SPYM. Allianz Asset Management GmbH lifted its holdings in shares of 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 buying an additional 26,382,568 shares during the period. Advance Capital Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during 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 during the 3rd quarter worth about $407,101,000. BlueCrest Capital Management Ltd purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $230,475,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% during 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 purchasing an additional 2,438,519 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.3%
Shares of NYSEARCA:SPYM traded up $0.24 during midday trading on Tuesday, reaching $90.47. The company had a trading volume of 3,610,536 shares, compared to its average volume of 13,505,376. State Street SPDR Portfolio S&P 500 ETF has a one year low of $74.06 and a one year high of $92.00. The stock’s fifty day moving average price is $90.41 and its 200-day moving average price is $87.69.
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.
Featured Stories
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- IonQ’s Bold Expansion Could Leave Shareholders Paying the Price
- Powering Up: Applied Digital Execs Buy $6.7M in Stock
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
- Adults Are Fueling a Toy Boom—These 4 Stocks Could Cash In
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.
