Corrado Advisors LLC Makes New $749,000 Investment in State Street SPDR Portfolio S&P 500 ETF $SPYM

Corrado Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,348 shares of the company’s stock, valued at approximately $749,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH lifted its stake in shares of 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 purchasing an additional 26,382,568 shares in the last quarter. Vertex Investment Solutions Co. Ltd. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at about $2,077,794,000. Envestnet Asset Management Inc. grew 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 valued at $1,994,877,000 after buying an additional 2,438,519 shares in the last quarter. Gradient Investments LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at about $407,101,000. Finally, NorthRock Partners LLC raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 11.2% during the 2nd quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after buying an additional 465,087 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Price Performance

State Street SPDR Portfolio S&P 500 ETF stock opened at $90.90 on Thursday. The stock’s 50 day moving average price is $90.33 and its 200 day moving average price is $85.66. State Street SPDR Portfolio S&P 500 ETF has a one year low of $74.06 and a one year high of $92.00.

State Street SPDR Portfolio S&P 500 ETF 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.