Fragasso Financial Advisors Inc lifted its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 442,931 shares of the company’s stock after buying an additional 5,619 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up about 2.0% of Fragasso Financial Advisors Inc’s investment portfolio, making the stock its 12th largest holding. Fragasso Financial Advisors Inc’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $40,590,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH boosted its stake in 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 acquiring an additional 26,382,568 shares during the last quarter. Vertex Investment Solutions Co. Ltd. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $2,077,794,000. Envestnet Asset Management Inc. increased its position 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. Gradient Investments LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $407,101,000. Finally, NorthRock Partners LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 11.2% in the 2nd quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after purchasing an additional 465,087 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPYM stock traded down $0.11 during trading hours on Tuesday, hitting $91.47. 3,355,797 shares of the company were exchanged, compared to its average volume of 13,603,802. 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 business’s 50-day simple moving average is $90.43 and its two-hundred day simple moving average is $87.17.
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.
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