State Street SPDR Portfolio S&P 500 ETF $SPYM Stock Bought by Parallel Advisors LLC

Parallel Advisors LLC increased its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 25.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 127,145 shares of the company’s stock after buying an additional 26,168 shares during the quarter. Parallel Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,413,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Merkkuri Wealth Advisors LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 1.5% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 281,928 shares of the company’s stock valued at $25,306,000 after acquiring an additional 4,281 shares in the last quarter. Asset Dedication LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $1,586,000. United Advisor Group LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 1.6% during the 3rd quarter. United Advisor Group LLC now owns 29,411 shares of the company’s stock worth $2,640,000 after acquiring an additional 462 shares during the last quarter. Summit Investment Advisory Services LLC grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 5.7% in the 3rd quarter. Summit Investment Advisory Services LLC now owns 15,731 shares of the company’s stock worth $1,412,000 after acquiring an additional 842 shares in the last quarter. Finally, Prudent Man Investment Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $26,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPYM stock traded up $0.26 on Friday, hitting $86.56. The stock had a trading volume of 15,298,297 shares, compared to its average volume of 13,497,217. The business has a 50 day moving average of $90.10 and a 200 day moving average of $85.91. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month 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.