Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm purchased 3,645,172 shares of the company’s stock, valued at approximately $327,191,000. State Street SPDR Portfolio S&P 500 ETF makes up 0.6% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 26th largest holding.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH boosted its position in State Street SPDR Portfolio S&P 500 ETF by 133.0% during the second quarter. Allianz Asset Management GmbH now owns 46,223,571 shares of the company’s stock worth $4,062,127,000 after purchasing an additional 26,382,568 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in 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 valued at $1,994,877,000 after purchasing an additional 2,438,519 shares during the period. Advance Capital Management Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $403,256,000. GM Advisory Group LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% in the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after buying an additional 116,648 shares in the last quarter. Finally, NorthRock Partners LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 11.2% in the second quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after buying an additional 465,087 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Down 1.8%
Shares of NYSEARCA:SPYM opened at $88.95 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $92.00. The business’s 50 day moving average price is $90.31 and its 200-day moving average price is $85.75.
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.
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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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