State Street SPDR Portfolio S&P 500 ETF $SPYM Stock: NBZ Investment Advisors LLC Reduces Stake

NBZ Investment Advisors LLC lowered its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 51.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,780 shares of the company’s stock after selling 201,983 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 6.7% of NBZ Investment Advisors LLC’s portfolio, making the stock its 3rd biggest position. NBZ Investment Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $17,304,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 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. Envestnet Asset Management Inc. boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% in the 2nd 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 in the last quarter. Greenleaf Trust purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $664,757,000. NorthRock Partners LLC boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 11.2% in 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 in the last quarter. Finally, Gradient Investments LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $407,101,000.

State Street SPDR Portfolio S&P 500 ETF Stock Up 1.7%

SPYM stock opened at $90.25 on Thursday. The firm’s fifty day moving average is $90.26 and its 200 day moving average is $85.86. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $92.00.

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.