Envestnet Asset Management Inc. Grows Stock Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Envestnet Asset Management Inc. grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,699,990 shares of the company’s stock after buying an additional 2,438,519 shares during the quarter. Envestnet Asset Management Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $1,994,877,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Allianz Asset Management GmbH raised its stake in shares of 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 valued at $4,062,127,000 after acquiring an additional 26,382,568 shares during the period. Vertex Investment Solutions Co. Ltd. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $2,077,794,000. NorthRock Partners LLC increased its holdings in State Street SPDR Portfolio S&P 500 ETF by 11.2% in the 2nd quarter. NorthRock Partners LLC now owns 4,629,596 shares of the company’s stock valued at $406,849,000 after purchasing an additional 465,087 shares in the last quarter. Advance Capital Management Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $403,256,000. Finally, Gradient Investments LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 6.6% in the second quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock valued at $393,246,000 after purchasing an additional 276,367 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.7%

NYSEARCA:SPYM traded down $0.65 during mid-day trading on Wednesday, hitting $90.37. The company had a trading volume of 8,964,471 shares, compared to its average volume of 13,489,192. The business has a fifty day simple moving average of $89.55 and a 200-day simple moving average of $85.98. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $91.74.

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.