International City Management Association Retirement Corp acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the third quarter, Holdings Channel reports. The fund acquired 693,547 shares of the company’s stock, valued at approximately $62,253,000. State Street SPDR Portfolio S&P 500 ETF comprises 14.0% of International City Management Association Retirement Corp’s investment portfolio, making the stock its 2nd largest position.
Other hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 133.0% in the second quarter. Allianz Asset Management GmbH now owns 46,223,571 shares of the company’s stock valued at $4,062,127,000 after purchasing an additional 26,382,568 shares during the period. Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $2,077,794,000. Envestnet Asset Management Inc. raised its stake 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 worth $1,994,877,000 after purchasing 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 during the third quarter worth $407,101,000. Finally, NorthRock Partners LLC lifted its holdings in shares of 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 worth $406,849,000 after purchasing an additional 465,087 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.7%
NYSEARCA:SPYM opened at $90.06 on Tuesday. The firm’s fifty day moving average price is $90.35 and its 200 day moving average price is $85.52. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $92.00.
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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Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
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