Brown Financial Advisory lifted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,183,801 shares of the company’s stock after buying an additional 31,826 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 44.3% of Brown Financial Advisory’s portfolio, making the stock its biggest holding. Brown Financial Advisory’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $106,258,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Allianz Asset Management GmbH grew its stake 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 valued at $4,062,127,000 after acquiring an additional 26,382,568 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake 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 worth $1,994,877,000 after purchasing an additional 2,438,519 shares in the last quarter. MKP Capital Management L.L.C. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $934,132,000. Greenleaf Trust bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $664,757,000. Finally, First Command Advisory Services Inc. boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 18.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 5,862,691 shares of the company’s stock valued at $526,235,000 after purchasing an additional 928,442 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
SPYM opened at $89.42 on Thursday. The company has a fifty day moving average price of $90.02 and a 200-day moving average price of $86.03. 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 Company 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.
Featured Stories
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
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).
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
