35,201 State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Sold by Tectonic Advisors LLC

Tectonic Advisors LLC lowered its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 3.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 930,056 shares of the company’s stock after selling 35,201 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises about 3.6% of Tectonic Advisors LLC’s holdings, making the stock its 6th largest position. Tectonic Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $83,482,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Allianz Asset Management GmbH boosted its holdings 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 worth $4,062,127,000 after acquiring an additional 26,382,568 shares during the period. Advance Capital Management Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $403,256,000. Gradient Investments LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $407,101,000. BlueCrest Capital Management Ltd purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at $230,475,000. Finally, Envestnet Asset Management Inc. boosted 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 purchasing an additional 2,438,519 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM traded down $0.48 during trading hours on Friday, reaching $89.45. 15,767,142 shares of the stock traded hands, compared to its average volume of 13,508,292. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $92.00. The firm’s fifty day simple moving average is $90.34 and its two-hundred day simple moving average is $87.99.

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.