State Street SPDR Portfolio S&P 500 ETF $SPYM Stock: Moneco Advisors LLC Increases Position

Moneco Advisors LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 6.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 710,209 shares of the company’s stock after acquiring an additional 41,688 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 3.7% of Moneco Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Moneco Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $63,748,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SPYM. Allianz Asset Management GmbH increased its stake in State Street SPDR Portfolio S&P 500 ETF by 133.0% during 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 purchasing an additional 26,382,568 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings 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 worth $1,994,877,000 after buying an additional 2,438,519 shares during the last quarter. MKP Capital Management L.L.C. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $934,132,000. Greenleaf Trust acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $664,757,000. Finally, NorthRock Partners LLC lifted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 11.2% during the second quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock worth $406,849,000 after buying an additional 465,087 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPYM opened at $88.28 on Wednesday. The stock’s fifty day moving average price is $90.02 and its 200 day moving average price is $85.99. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 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.