Envestnet Asset Management Inc. Boosts Stock Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Envestnet Asset Management Inc. raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,699,990 shares of the company’s stock after purchasing an additional 2,438,519 shares during the quarter. Envestnet Asset Management Inc. owned about 1.18% of State Street SPDR Portfolio S&P 500 ETF worth $1,994,877,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Allianz Asset Management GmbH increased its holdings in shares of 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 worth $4,062,127,000 after buying an additional 26,382,568 shares during the last quarter. Advance Capital Management Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $403,256,000. Private Advisor Group LLC grew its position in State Street SPDR Portfolio S&P 500 ETF by 3.7% during the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after acquiring an additional 178,017 shares during the period. GM Advisory Group LLC grew its position in 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 valued at $372,121,000 after acquiring an additional 116,648 shares during the period. Finally, NorthRock Partners LLC grew its position in State Street SPDR Portfolio S&P 500 ETF by 11.2% during the second quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after acquiring an additional 465,087 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPYM traded down $0.65 on Wednesday, hitting $90.37. 8,964,471 shares of the stock were exchanged, compared to its average volume of 13,489,192. The stock has a fifty day moving average of $89.55 and a 200-day moving average of $85.98. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $91.74.

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.