State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Newly Bought by Hartford Financial Management Inc.

Hartford Financial Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 20,737 shares of the company’s stock, valued at approximately $1,861,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 133.0% in the second quarter. Allianz Asset Management GmbH now owns 46,223,571 shares of the company’s stock valued at $4,062,127,000 after purchasing 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 during the 1st quarter worth about $403,256,000. Gradient Investments LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $407,101,000. BlueCrest Capital Management Ltd purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $230,475,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 12.0% during 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 buying an additional 2,438,519 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPYM stock opened at $90.99 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $92.00. The business has a 50-day simple moving average of $90.41 and a 200-day simple moving average of $87.89.

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.