Fortress Wealth Management Inc. Decreases Stock Position in Stratified LargeCap Index ETF (NYSEARCA:SSPY)
by Doug Wharley · The Cerbat GemFortress Wealth Management Inc. decreased its holdings in Stratified LargeCap Index ETF (NYSEARCA:SSPY – Free Report) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,138 shares of the company’s stock after selling 2,553 shares during the quarter. Stratified LargeCap Index ETF makes up about 3.0% of Fortress Wealth Management Inc.’s investment portfolio, making the stock its 10th largest position. Fortress Wealth Management Inc. owned approximately 0.06% of Stratified LargeCap Index ETF worth $5,722,000 at the end of the most recent quarter.
Separately, Susquehanna International Group LLP grew its holdings in shares of Stratified LargeCap Index ETF by 74.5% during the fourth quarter. Susquehanna International Group LLP now owns 24,312 shares of the company’s stock worth $1,897,000 after purchasing an additional 10,380 shares during the last quarter.
Stratified LargeCap Index ETF Stock Performance
Shares of NYSEARCA:SSPY opened at $83.37 on Tuesday. The business has a fifty day moving average of $80.77 and a 200-day moving average of $79.01. Stratified LargeCap Index ETF has a twelve month low of $69.36 and a twelve month high of $84.10. The firm has a market cap of $121.72 million, a PE ratio of 19.15 and a beta of 1.02.
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.
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