State Street SPDR Portfolio S&P 500 ETF $SPYM Stock: Highland Financial Advisors LLC Lowers Position

Highland Financial Advisors LLC reduced its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 1.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 518,702 shares of the company’s stock after selling 9,810 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 9.9% of Highland Financial Advisors LLC’s portfolio, making the stock its biggest position. Highland Financial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $46,559,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Allianz Asset Management GmbH raised its stake in shares of 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 during the last quarter. Advance Capital Management Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $403,256,000. Gradient Investments LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $407,101,000. BlueCrest Capital Management Ltd purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $230,475,000. Finally, Envestnet Asset Management Inc. grew its position in 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 buying an additional 2,438,519 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM traded up $0.40 during trading on Monday, hitting $90.23. The stock had a trading volume of 8,192,465 shares, compared to its average volume of 13,555,642. The company’s 50-day moving average price is $90.41 and its 200 day moving average price is $87.69. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $92.00.

State Street SPDR Portfolio S&P 500 ETF Profile

(Free Report)

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.

Further Reading

• Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
• Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
• The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
• Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
• Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?

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).