IFP Advisors Inc Buys 93,035 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

IFP Advisors Inc grew its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 17.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 632,889 shares of the company’s stock after buying an additional 93,035 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 1.0% of IFP Advisors Inc’s portfolio, making the stock its 10th biggest position. IFP Advisors Inc’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $55,618,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Allianz Asset Management GmbH raised 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 valued at $4,062,127,000 after purchasing an additional 26,382,568 shares in the last quarter. Advance Capital Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $403,256,000. TD Private Client Wealth LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $394,477,000. GM Advisory Group LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $380,655,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $278,503,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM stock opened at $90.17 on Wednesday. The business has a 50 day moving average price of $89.24 and a 200 day moving average price of $85.35. 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 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.