Steven Cohen acquired 4.05M SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF shares worth $137M. That's 0.33% of their equity portfolio (72nd largest holding). The investor owns 17.80% of the outstanding SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF stock. The first SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF trade was made in Q1 2020. Since then Steven Cohen bought shares four more times and sold shares on three occasions. The stake costed the investor $132M, netting the investor a gain of 3.4% so far.
The U.S. exchange traded fund industry reached a significant milestone on Wednesday. There are now over 4,000 ETFs trading at the same time.