State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Purchased by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. boosted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 630,403 shares of the company’s stock after purchasing an additional 25,468 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 12.7% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its largest position. Investment Planning Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $56,585,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Allianz Asset Management GmbH boosted its position in 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 acquiring an additional 26,382,568 shares during the last quarter. Advance Capital Management Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $403,256,000. Gradient Investments LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $407,101,000. BlueCrest Capital Management Ltd acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $230,475,000. Finally, Envestnet Asset Management Inc. lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 12.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 22,699,990 shares of the company’s stock worth $1,994,877,000 after purchasing an additional 2,438,519 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Trading Down 1.1%

Shares of State Street SPDR Portfolio S&P 500 ETF stock traded down $1.00 on Wednesday, hitting $90.55. 5,149,939 shares of the company were exchanged, compared to its average volume of 13,593,937. The company has a 50-day moving average price of $90.44 and a 200 day moving average price of $87.27. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year 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.