State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Sold by SBE LLC DBA Cedar Cove Wealth Partners

SBE LLC DBA Cedar Cove Wealth Partners reduced its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,516 shares of the company’s stock after selling 7,881 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 8.0% of SBE LLC DBA Cedar Cove Wealth Partners’ portfolio, making the stock its 3rd biggest position. SBE LLC DBA Cedar Cove Wealth Partners’ holdings in State Street SPDR Portfolio S&P 500 ETF were worth $16,921,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Allianz Asset Management GmbH raised its holdings 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 worth $4,062,127,000 after buying an additional 26,382,568 shares during the last quarter. Advance Capital Management Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $403,256,000. Gradient Investments LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $407,101,000. BlueCrest Capital Management Ltd bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $230,475,000. Finally, Envestnet Asset Management Inc. increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% during 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 acquiring an additional 2,438,519 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM traded up $0.06 during trading on Thursday, hitting $90.64. 4,000,510 shares of the company’s stock traded hands, compared to its average volume of 13,588,222. 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 company’s 50 day simple moving average is $90.44 and its two-hundred day simple moving average is $87.37.

State Street SPDR Portfolio S&P 500 ETF 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.