Balefire LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 35.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 239,532 shares of the company’s stock after buying an additional 62,322 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 3.4% of Balefire LLC’s holdings, making the stock its biggest position. Balefire LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $21,500,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Allianz Asset Management GmbH lifted its position 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 worth $4,062,127,000 after acquiring an additional 26,382,568 shares during the last quarter. Envestnet Asset Management Inc. increased 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 worth $1,994,877,000 after purchasing an additional 2,438,519 shares during the period. Advance Capital Management Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $403,256,000. Private Advisor Group LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock worth $381,696,000 after purchasing an additional 178,017 shares during the last quarter. Finally, GM Advisory Group LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% during the 1st 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 during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA:SPYM traded up $0.57 during mid-day trading on Friday, hitting $91.64. 28,644,562 shares of the company’s stock traded hands, compared to its average volume of 13,594,659. The firm has a 50 day moving average of $90.31 and a two-hundred day moving average of $86.96. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month 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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