968,392 Shares in State Street SPDR Portfolio S&P 500 ETF $SPYM Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 968,392 shares of the company’s stock, valued at approximately $86,923,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allianz Asset Management GmbH raised its stake 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 valued at $4,062,127,000 after purchasing an additional 26,382,568 shares in the last quarter. Advance Capital Management Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $403,256,000. Gradient Investments LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $407,101,000. Vantagepoint Investment Advisers LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $345,400,000. Finally, BlueCrest Capital Management Ltd bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $230,475,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

State Street SPDR Portfolio S&P 500 ETF stock opened at $90.06 on Tuesday. The company’s 50-day moving average price is $90.35 and its 200-day moving average price is $85.52. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month 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.