Woodmont Investment Counsel LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,183 shares of the company’s stock, valued at approximately $1,991,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPYM. Allianz Asset Management GmbH increased 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 worth $4,062,127,000 after acquiring an additional 26,382,568 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 22,699,990 shares of the company’s stock valued at $1,994,877,000 after acquiring an additional 2,438,519 shares during the last quarter. Greenleaf Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth about $664,757,000. Advance Capital Management Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $403,256,000. Finally, GM Advisory Group LLC grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% during the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after purchasing an additional 116,648 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
SPYM stock opened at $88.95 on Monday. The company’s 50 day moving average is $90.31 and its 200 day moving average is $85.75. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year 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.
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