Fifth Third Securities Inc. Acquires New Shares in State Street SPDR Portfolio S&P 500 ETF $SPYM

Fifth Third Securities Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 358,806 shares of the company’s stock, valued at approximately $32,206,000. State Street SPDR Portfolio S&P 500 ETF makes up about 1.6% of Fifth Third Securities Inc.’s holdings, making the stock its 11th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Allianz Asset Management GmbH boosted 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 valued at $4,062,127,000 after buying an additional 26,382,568 shares during the last quarter. Advance Capital Management Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth $403,256,000. Gradient Investments LLC bought 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 bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $230,475,000. Finally, Envestnet Asset Management Inc. grew its stake in 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 worth $1,994,877,000 after buying an additional 2,438,519 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Up 0.5%

Shares of NYSEARCA:SPYM traded up $0.49 during trading on Wednesday, hitting $91.03. 4,134,539 shares of the company were exchanged, compared to its average volume of 13,499,851. The business’s 50 day moving average is $90.41 and its 200-day moving average is $87.79. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $92.00.

State Street SPDR Portfolio S&P 500 ETF Company 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.