Jefferies Group acquired 2.73 Million SSgA Active Trust - SPDR S&P 500 ETF Trust shares worth $1.42 Billion. It makes up 22.68% of their stock portfolio and is their biggest holding. The investor owns 1273.38% of the outstanding SSgA Active Trust - SPDR S&P 500 ETF Trust stock. The first SSgA Active Trust - SPDR S&P 500 ETF Trust trade was made in Q1 2016. Since then Jefferies Group bought shares ten more times and sold shares on eight occasions. The stake costed the investor $1.14 Billion, netting the investor a gain of 25% so far.
Investors are could be facing the polar opposite of the Goldilocks scenario of just-right conditions, according to Leuthold Group CIO Doug Ramsey.
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