KWB Wealth increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,776,546 shares of the company’s stock after buying an additional 55,571 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises about 13.7% of KWB Wealth’s portfolio, making the stock its biggest position. KWB Wealth owned approximately 0.09% of State Street SPDR Portfolio S&P 500 ETF worth $159,463,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the business. Allianz Asset Management GmbH grew its stake in 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 purchasing an additional 26,382,568 shares during the period. Advance Capital Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth $403,256,000. Gradient Investments LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $407,101,000. BlueCrest Capital Management Ltd purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $230,475,000. Finally, Envestnet Asset Management Inc. grew its position in 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 buying an additional 2,438,519 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
NYSEARCA SPYM traded down $1.01 during trading hours on Friday, reaching $89.83. 8,713,596 shares of the company were exchanged, compared to its average volume of 13,582,454. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $92.00. The business’s 50 day simple moving average is $90.43 and its 200-day simple moving average is $87.49.
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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