UNIVEST FINANCIAL Corp Buys 1,832,384 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

UNIVEST FINANCIAL Corp purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,832,384 shares of the company’s stock, valued at approximately $164,475,000. State Street SPDR Portfolio S&P 500 ETF accounts for 7.8% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 2nd biggest position. UNIVEST FINANCIAL Corp owned approximately 0.09% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SPYM. Allianz Asset Management GmbH increased 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 buying an additional 26,382,568 shares during the period. Vertex Investment Solutions Co. Ltd. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $2,077,794,000. Envestnet Asset Management Inc. lifted 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 worth $1,994,877,000 after acquiring an additional 2,438,519 shares during the last quarter. MKP Capital Management L.L.C. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $934,132,000. Finally, Greenleaf Trust acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $664,757,000.

State Street SPDR Portfolio S&P 500 ETF Trading Up 1.3%

NYSEARCA SPYM opened at $89.42 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $92.00. The firm has a 50 day moving average of $90.02 and a two-hundred day moving average of $86.03.

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.