Stratified LargeCap Index ETF Announces Annual Dividend of $1.20 (NYSEARCA:SSPY)

Stratified LargeCap Index ETF (NYSEARCA:SSPY) announced an annual dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 1.2022 per share on Wednesday, December 31st. This represents a dividend yield of 135.0%. The ex-dividend date is Tuesday, December 30th.

Stratified LargeCap Index ETF Stock Down 0.2%

SSPY opened at $88.79 on Tuesday. The business has a 50 day moving average price of $87.05 and a two-hundred day moving average price of $85.31. Stratified LargeCap Index ETF has a 52 week low of $69.36 and a 52 week high of $89.24. The company has a market cap of $122.53 million, a PE ratio of 19.15 and a beta of 0.94.

Institutional Trading of Stratified LargeCap Index ETF

An institutional investor recently raised its position in Stratified LargeCap Index ETF stock. Susquehanna International Group LLP increased its holdings in shares of Stratified LargeCap Index ETF (NYSEARCA:SSPY) by 26.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,488 shares of the company’s stock after acquiring an additional 4,479 shares during the period. Susquehanna International Group LLP owned approximately 1.56% of Stratified LargeCap Index ETF worth $1,865,000 as of its most recent SEC filing.

About Stratified LargeCap Index ETF

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.