Crown Wealth Group LLC Acquires 18,074 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Crown Wealth Group LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 3.7% during the third quarter, HoldingsChannel reports. The firm owned 512,609 shares of the company’s stock after buying an additional 18,074 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 11.4% of Crown Wealth Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Crown Wealth Group LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $46,012,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH boosted its stake in shares of 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 buying 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 in the 1st quarter valued at about $403,256,000. Gradient Investments LLC acquired a new position 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 position in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $230,475,000. Finally, Envestnet Asset Management Inc. increased its position 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 valued at $1,994,877,000 after acquiring an additional 2,438,519 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Stock Up 0.4%

SPYM traded up $0.40 on Monday, hitting $90.23. 8,192,465 shares of the company traded hands, compared to its average volume of 13,555,642. The company has a 50 day moving average of $90.43 and a 200-day moving average of $87.58. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $92.00.

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.