Jefferies Group acquired 1.56 Million SSgA Active Trust - SPDR S&P 500 ETF Trust shares worth $821 Million. It makes up 11.45% of their stock portfolio and is their biggest holding. The investor owns 124.53% 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 23 more times and sold shares on nineteen occasions. The stake costed the investor $710 Million, netting the investor a gain of 16% 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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