State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Sold by Convergence Financial LLC

Convergence Financial LLC lessened its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 44.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,719 shares of the company’s stock after selling 90,246 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for about 1.4% of Convergence Financial LLC’s investment portfolio, making the stock its 19th largest position. Convergence Financial LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $10,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Allianz Asset Management GmbH grew its position in 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 during the period. Advance Capital Management Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $403,256,000. Gradient Investments LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $407,101,000. Vantagepoint Investment Advisers LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $345,400,000. Finally, BlueCrest Capital Management Ltd bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the second quarter valued at $230,475,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPYM opened at $90.90 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 business has a fifty day moving average of $90.33 and a two-hundred day moving average of $85.66.

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.