Parallel Advisors LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 25.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 127,145 shares of the company’s stock after purchasing an additional 26,168 shares during the quarter. Parallel Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,413,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Allianz Asset Management GmbH lifted its stake 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 buying an additional 26,382,568 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings 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 valued at $1,994,877,000 after buying an additional 2,438,519 shares during the last quarter. Greenleaf Trust acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at about $664,757,000. NorthRock Partners LLC increased its position 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 acquiring an additional 465,087 shares in the last quarter. Finally, Gradient Investments LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth about $407,101,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.3%
Shares of NYSEARCA:SPYM traded up $0.26 during midday trading on Friday, hitting $86.56. 15,298,297 shares of the company’s stock were exchanged, compared to its average volume of 13,497,217. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00. The stock has a 50 day moving average price of $90.10 and a 200-day moving average price of $85.91.
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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