Syntax Stratified LargeCap ETF

SSPY

Börsenwert 130 Mio. $

Europe shows tentative signs of improvement, but the recovery remains uneven. AI investment is increasingly influencing U.S. capital spending and trade.

The $85 billion listing last month of SpaceX, Elon Musk's aerospace, satellite communications and artificial intelligence company, was an important market event. The company's dual-class share structure, conferring disproportionate voting power on its founder, could be expected to serve as a template for the next wave of high-profile IPOs, with OpenAI and Anthropic expected to follow suit in the coming quarters.

OKLAHOMA CITY , Sept. 30, 2024 /PRNewswire/ -- Exchange Traded Concepts, LLC ("ETC") and Syntax Advisors, LLC are pleased to announce the completion of the reorganizations (each a "Reorganization" and together the "Reorganizations") of Syntax Stratified LargeCap ETF (SSPY), Syntax Stratified MidCap ETF (SMDY), Syntax Stratified SmallCap ETF (SSLY), Syntax Stratified U.S. Total Market ETF (SYUS), and Syntax Stratified Total Market II ETF (SYII) into the Stratified LargeCap Index ETF (NYSE: SSPY) and the Reorganization of the Syntax Stratified U.S. Total Market Hedged ETF (SHUS) into the Stratified LargeCap Hedged ETF (NYSE: SHUS, and collectively with SSPY, SMDY, SSLY, SYUS and SYII, the "Funds"), or following the close of business on September 27, 2024, as described below.