Verus Capital Partners LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 2.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 443,830 shares of the company’s stock after buying an additional 10,534 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 2.1% of Verus Capital Partners LLC’s holdings, making the stock its 8th biggest position. Verus Capital Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $39,838,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Allianz Asset Management GmbH lifted its stake in 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 worth $4,062,127,000 after acquiring 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 during the 2nd quarter worth about $2,077,794,000. Envestnet Asset Management Inc. boosted its position in State Street SPDR Portfolio S&P 500 ETF by 12.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 22,699,990 shares of the company’s stock worth $1,994,877,000 after acquiring an additional 2,438,519 shares during the period. Greenleaf Trust acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $664,757,000. Finally, Gradient Investments LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $407,101,000.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.3%
NYSEARCA:SPYM opened at $86.56 on Friday. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $92.00. The stock’s 50-day moving average is $90.10 and its two-hundred day moving average is $85.91.
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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