Sowell Financial Services LLC grew its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 15.3% in the 3rd quarter, Holdings Channel reports. The firm owned 250,061 shares of the company’s stock after acquiring an additional 33,118 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for about 0.7% of Sowell Financial Services LLC’s portfolio, making the stock its 24th largest holding. Sowell Financial Services LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $22,445,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Allianz Asset Management GmbH grew its position 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 valued at $4,062,127,000 after purchasing an additional 26,382,568 shares during the period. Advance Capital Management Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $403,256,000. Gradient Investments LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $407,101,000. BlueCrest Capital Management Ltd bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at $230,475,000. Finally, Envestnet Asset Management Inc. lifted its holdings 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 buying an additional 2,438,519 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.3%
Shares of SPYM stock opened at $90.90 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $92.00. The business’s fifty day moving average is $90.33 and its 200 day moving average is $85.66.
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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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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