WASHINGTON TRUST Co lessened its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 51.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,316 shares of the company’s stock after selling 6,735 shares during the quarter. WASHINGTON TRUST Co’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $567,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of SPYM. Allianz Asset Management GmbH lifted its holdings in shares of 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. Vertex Investment Solutions Co. Ltd. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $2,077,794,000. Envestnet Asset Management Inc. lifted its position in shares of 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 last quarter. Gradient Investments LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $407,101,000. Finally, NorthRock Partners LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 11.2% during the 2nd quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after purchasing an additional 465,087 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.5%
Shares of SPYM opened at $89.45 on Friday. 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 business’s 50-day moving average is $90.34 and its two-hundred day moving average is $87.99.
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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