Sowell Financial Services LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 15.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 250,061 shares of the company’s stock after purchasing an additional 33,118 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 0.7% of Sowell Financial Services LLC’s investment portfolio, making the stock its 24th largest position. Sowell Financial Services LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $22,445,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH raised its position 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 valued at $4,062,127,000 after buying an additional 26,382,568 shares in the last quarter. Advance Capital Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth approximately $403,256,000. Gradient Investments LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $407,101,000. BlueCrest Capital Management Ltd bought a new position in State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $230,475,000. Finally, Envestnet Asset Management Inc. increased its stake in 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 acquiring an additional 2,438,519 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPYM opened at $90.90 on Thursday. The firm has a 50 day simple moving average of $90.33 and a two-hundred day simple moving average of $85.66. State Street SPDR Portfolio S&P 500 ETF has a one year low of $74.06 and a one year high of $92.00.
State Street SPDR Portfolio S&P 500 ETF 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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