Revere Asset Management Inc Grows Stock Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Revere Asset Management Inc grew its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 1,364,681 shares of the company’s stock after acquiring an additional 155,538 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 46.2% of Revere Asset Management Inc’s holdings, making the stock its largest holding. Revere Asset Management Inc owned 0.07% of State Street SPDR Portfolio S&P 500 ETF worth $119,928,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Allianz Asset Management GmbH lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 133.0% in the 2nd 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. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $403,256,000. TD Private Client Wealth LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $394,477,000. First Command Advisory Services Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $278,503,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $230,475,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM traded down $0.40 during trading hours on Monday, reaching $89.32. 13,421,605 shares of the company’s stock traded hands, compared to its average volume of 13,647,867. The firm has a 50-day moving average price of $89.35 and a 200 day moving average price of $85.54. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $91.74.

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.