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SSPYs index aims to provide equal exposure to companies that share related business risks, using a proprietary stratified weighting methodology. The fund manager sorts S&P 500 companies into groups based on their underlying business functions and relationships such as common suppliers, customers, competitors, and products. When two or more companies earnings are affected by these fundamental drivers, they are grouped, and their weight is redistributed across the other components. The objective is to provide a more unbiased return on the large-cap space than market-cap-weighted funds…

Farther Finance Advisors LLC purchased a new position in shares of Stratified LargeCap Index ETF (NYSEARCA:SSPY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 67,112 shares of the company's stock, valued at approximately $5,832,000. Farther Finance Advisors LLC owned 5.05%

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.