Exchange Traded Concepts LLC Purchases New Stake in Stratified LargeCap Index ETF $SSPY

Exchange Traded Concepts LLC purchased a new stake in Stratified LargeCap Index ETF (NYSEARCA:SSPY) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 305,044 shares of the company’s stock, valued at approximately $25,106,000. Exchange Traded Concepts LLC owned 20.89% of Stratified LargeCap Index ETF at the end of the most recent quarter.

Separately, Deutsche Bank AG acquired a new stake in shares of Stratified LargeCap Index ETF during the fourth quarter worth $300,000.

Stratified LargeCap Index ETF Stock Performance

SSPY opened at $85.73 on Thursday. Stratified LargeCap Index ETF has a fifty-two week low of $69.36 and a fifty-two week high of $86.49. The company has a market capitalization of $125.17 million, a P/E ratio of 19.15 and a beta of 1.02. The stock has a fifty day moving average of $84.38 and a 200-day moving average of $80.45.

Stratified LargeCap Index ETF 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.