State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Sold by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC lowered its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 24.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,922 shares of the company’s stock after selling 13,320 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up about 1.0% of New Wave Wealth Advisors LLC’s holdings, making the stock its 27th largest holding. New Wave Wealth Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $3,838,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYM. Allianz Asset Management GmbH increased its position 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 purchasing an additional 26,382,568 shares in the last quarter. Envestnet Asset Management Inc. grew its position 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 valued at $1,994,877,000 after purchasing an additional 2,438,519 shares in the last quarter. Advance Capital Management Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $403,256,000. Private Advisor Group LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% in the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after purchasing an additional 178,017 shares during the last quarter. Finally, GM Advisory Group LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 2.5% during the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after buying an additional 116,648 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPYM traded up $0.47 on Monday, reaching $90.30. 4,635,130 shares of the company were exchanged, compared to its average volume of 13,537,059. The business’s fifty day moving average price is $90.43 and its 200 day moving average price is $87.58. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $92.00.

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.