CoreCap Advisors LLC Grows Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

CoreCap Advisors LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.4% in the third quarter, HoldingsChannel reports. The fund owned 236,247 shares of the company’s stock after purchasing an additional 10,052 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up 0.6% of CoreCap Advisors LLC’s holdings, making the stock its 24th largest holding. CoreCap Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $21,206,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SPYM. Allianz Asset Management GmbH boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 133.0% in 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. Advance Capital Management Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $403,256,000. Gradient Investments LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $407,101,000. BlueCrest Capital Management Ltd acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $230,475,000. Finally, Envestnet Asset Management Inc. boosted its stake 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 valued at $1,994,877,000 after purchasing an additional 2,438,519 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPYM traded down $0.39 on Thursday, reaching $91.07. 29,125,400 shares of the stock traded hands, compared to its average volume of 13,516,625. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00. The firm’s fifty day simple moving average is $90.23 and its 200 day simple moving average is $86.87.

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.