Stratified LargeCap Index ETF (NYSEARCA:SSPY – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,199 shares, an increase of 320.5% from the April 30th total of 2,901 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 3,388 shares, the short-interest ratio is currently 3.6 days.
Stratified LargeCap Index ETF Price Performance
Shares of NYSEARCA:SSPY opened at $95.62 on Friday. Stratified LargeCap Index ETF has a 1 year low of $79.50 and a 1 year high of $95.78. The company has a market cap of $125.26 million, a PE ratio of 19.15 and a beta of 0.87. The stock’s 50-day moving average is $91.66 and its 200 day moving average is $90.16.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. HRT Financial LP purchased a new position in Stratified LargeCap Index ETF during the 4th quarter valued at about $200,000. Susquehanna International Group LLP raised its holdings in Stratified LargeCap Index ETF by 26.3% in the 3rd quarter. Susquehanna International Group LLP now owns 21,488 shares of the company’s stock worth $1,865,000 after purchasing an additional 4,479 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Stratified LargeCap Index ETF by 19.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 32,260 shares of the company’s stock worth $2,803,000 after purchasing an additional 5,239 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in Stratified LargeCap Index ETF in the 4th quarter worth $5,832,000.
Stratified LargeCap Index ETF Company Profile
The Syntax Stratified LargeCap ETF (SSPY) is an exchange-traded fund that is based on the Syntax Stratified LargeCap index. The fund tracks an index that holds all constituents of the S&P 500 Index, reweighted to diversify related business risk. SSPY was launched on Jan 4, 2019 and is managed by Syntax.
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