Tiger Global acquired 2.33M SSgA Active Trust - SPDR S&P 500 ETF Trust shares worth $1.51B. That's 4.40% of their equity portfolio (7th largest holding). The investor owns 196.73% of the outstanding SSgA Active Trust - SPDR S&P 500 ETF Trust stock. Tiger Global acquired their 2.33M shares between 2001 and 2009. So far they never sold any shares in the company. The stake costed the investor $189M, netting the investor a gain of 701% so far.
As tariff tensions ease and investor sentiment improves, global ETFs like ACWI are poised for a rally.
Next week, the Q2-2025 earnings season will begin in earnest as a barrage of S&P 500 companies report. Over the last few months, according to data from S&P G...
UBS Global Wealth Management raised its year-end target for the S&P 500 index to 6,200 from its prior forecast of 6,000, banking on softening trade uncertainty.
Cryptocurrency exchange Coinbase Global (COIN) is set to join the S&P 500 (^GSPC) starting May 19. This moment comes on top of the company reporting earnings...