Perennial Advisors LLC Buys 45,171 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Perennial Advisors LLC grew its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 47.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 140,225 shares of the company’s stock after buying an additional 45,171 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for about 1.9% of Perennial Advisors LLC’s portfolio, making the stock its 20th largest position. Perennial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $12,323,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Advance Capital Management Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $403,256,000. Private Advisor Group LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% during the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after acquiring an additional 178,017 shares during the period. TD Private Client Wealth LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $394,477,000. GM Advisory Group LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% in the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after acquiring an additional 116,648 shares during the last quarter. Finally, Gradient Investments LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 6.6% during the second quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock worth $393,246,000 after acquiring an additional 276,367 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Trading Up 0.3%

Shares of NYSEARCA SPYM opened at $90.94 on Thursday. The firm’s 50 day simple moving average is $87.98 and its two-hundred day simple moving average is $84.10. State Street SPDR Portfolio S&P 500 ETF has a one year low of $74.06 and a one year high of $91.44.

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.