GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 34,581 shares of the company’s stock, valued at approximately $3,104,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYM. 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. Vertex Investment Solutions Co. Ltd. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at $2,077,794,000. Envestnet Asset Management Inc. increased its position in shares of 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 buying an additional 2,438,519 shares in the last quarter. Greenleaf Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $664,757,000. Finally, Gradient Investments LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $407,101,000.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.3%
NYSEARCA:SPYM opened at $88.78 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $92.00. The stock has a fifty day simple moving average of $90.26 and a 200-day simple moving average of $85.81.
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.
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