State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Acquired by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC increased its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 23.1% in the third quarter, HoldingsChannel.com reports. The firm owned 154,110 shares of the company’s stock after acquiring an additional 28,965 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 9.1% of Schwallier Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Schwallier Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $13,833,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Allianz Asset Management GmbH boosted 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 worth $4,062,127,000 after buying an additional 26,382,568 shares in the last quarter. MKP Capital Management L.L.C. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the third quarter worth about $934,132,000. Greenleaf Trust acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the third quarter worth about $664,757,000. Gradient Investments LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at about $407,101,000. Finally, Vantagepoint Investment Advisers LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at about $345,400,000.

State Street SPDR Portfolio S&P 500 ETF Trading Up 1.3%

SPYM stock opened at $89.42 on Thursday. The firm has a 50 day moving average of $90.02 and a 200-day moving average of $86.03. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $92.00.

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.