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NYSEARCA:SPY

SPDR S&P 500 ETF Trust (SPY) Price, Holdings, & News

$555.32
+0.68 (+0.12%)
(As of 07/8/2024 ET)
Today's Range
$554.19
$556.25
50-Day Range
$500.35
$555.32
52-Week Range
$409.21
$556.25
Volume
36.00 million shs
Average Volume
42.13 million shs
Market Capitalization
$557.45 billion
Assets Under Management
$544.22 billion
Dividend Yield
1.23%
Net Expense Ratio
0.09%
SPY stock logo

About SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

The SPDR S&P 500 ETF Trust is a highly regarded investment vehicle that provides exposure to the S&P 500 Index. With more than three decades of experience in the market, this ETF is the largest and oldest of its kind in the world.

SPDR S&P 500 ETF Trust is designed to track the S&P 500, a diversified large-cap U.S. index holding company, across all 11 GICS sectors. Launched in January 1993, SPY was the first ETF listed in the United States, making it a trailblazer in the ETF industry.

State Street Bank and Trust Company serve as the trustee for the ETF, with SPDR Services LLC as the sponsor. The ETF's low expense rate makes it an attractive option for cost-conscious investors. The ETF is highly liquid, with an average daily volume of 82.45 million shares, which allows investors access to the underlying assets. 

Investors seeking exposure to the S&P 500 can buy SPDR S&P 500 ETF Trust shares, which provide access to the top companies in the S&P 500 Index. These top holdings demonstrate the breadth of the S&P 500 Index, as the top companies come from diverse sectors such as technology, retail and healthcare.

The ETF distributes dividends quarterly, based on the accumulated stock dividends held in the trust, less any expenses of the trust. The SPDR S&P 500 ETF Trust provides returns that generally correspond to the price and yield performance of the S&P 500 Index. 

For investors seeking a low-cost, highly liquid and diversified investment option, the SPDR S&P 500 ETF Trust is an excellent choice. With its long history and well-established reputation, the ETF provides access to the S&P 500 Index, a reliable benchmark for the overall U.S. stock market.

The SPDR S&P 500 ETF Trust is a highly regarded investment vehicle that provides exposure to the top companies in the S&P 500 Index. With its low expense ratio, high liquidity and broad diversification, the ETF is an attractive option for cost-conscious investors seeking a reliable, easy-to-trade investment option. The ETF's long history and well-established reputation make it a popular choice for investors, and its diversified portfolio of top holdings offers a glimpse into the state of the U.S. stock market.

SPY Stock Price History

SPY ETF News Headlines

Stock market data candlesticks rising
Analysts and Earnings Propel the S&P 500's Continuous Growth
The S&P 500 NYSEARCA: SPY can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation news bites, which sustain a low level but subsiding fear.
Stock market data candlesticks rising
Analysts and Earnings Propel the S&P 500's Continuous Growth
The S&P 500 is struggling with resistance now but will likely set a new high soon and sustain a rally through year's end, driven by AI.
The Only Energy Play You Should Be Looking At
Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.
Nvidia logo on smartphone screen
Has the Summer Stock Market Rally Peaked? (SPY)
Major pullbacks in NVIDIA (NASDAQ: NVDA) and the VanEck Semiconductor ETF (NASDAQ: SMH) raise concerns about the summer rally peaking.
Background of Stock heatmap on the monitor in predominantly red
The Top 3 Sectors Poised For Growth This Summer
The 2nd quarter and first half of 2024 are rapidly coming to a close, setting the market up for its summer adventure. The latest read on earnings expectations is positive and suggests the market will continue to rise.
CarMax: A Market Melt-Up Waiting to Happen for this Stock
CarMax: A Market Melt-Up Waiting to Happen for this Stock (SPY)
Carmax is gearing up for a market melt-up as the outlook improves. This is one of the most shorted S&P 500 names; short-covering will aid the rally.
oil pump, industrial oil drilling equipment
Oil Prices, Inflation, and Fed Policies: Stock Market Risks (SPY)
Oil prices are down from their lows but rising, showing support at a critical level, and will help sustain hot inflation in the 2nd half.
microsoft logo on smartphone 100 bills in backgroud
6 Reasons the S&P 500 Will Keep Rising This Year
The S&P 500 NYSEARCA: SPY index can keep rising this year even if many stocks within it don't. The reasons are simple and center around the top six holdings.
The Only Energy Play You Should Be Looking At
Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.
microsoft logo on smartphone 100 bills in backgroud
6 Reasons the S&P 500 Will Keep Rising This Year (SPY)
The S&P 500 can continue to rally this year and gain 15% or more by year's end because the top six holdings are 30% of the market and being led higher.
See More Headlines
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Fund Details

Issuer
SSgA
Fund Name
SPDR S&P 500 ETF Trust
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SPY
Inception Date
1/22/1993
Fund Manager
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P 500 Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
504

Fund Statistics

Assets Under Management
$544.22 billion
Average Daily Volume
$45.82 million
Discount/Premium
-0.07%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
SSgA Funds Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
ALPS Distributors, Inc.
Transfer Agent
State Street Bank and Trust Company
Trustee
State Street Global Advisors Trust Company
Lead Market Maker
None

Options

Optionable
Optionable
Options Volume
3,086,964
Put Options
1,881,967
Call Options
1,204,997
Short Interest
110,330,000 shs

Miscellaneous

Outstanding Shares
1,003,830,000
Beta
1.00
Creation Unit
50,000
Creation Fee
$3,000.00
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SPDR S&P 500 ETF Trust Expenses

TypeSPYLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.09%0.57%0.54%0.51%0.51%
Other Expenses0.00%0.28%0.50%0.59%0.54%
Total Expense0.09%0.63%0.70%0.74%0.71%
Fee Waiver0.00%-0.24%-0.55%-0.69%-0.59%
Net Expense0.09%0.61%0.60%0.58%0.59%

SPDR S&P 500 ETF Trust (SPY) Holdings & Exposure

SPY Sector Exposure

SPY Industry Exposure

Should I Buy SPDR S&P 500 ETF Trust Stock? SPY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in SPDR S&P 500 ETF:

  • Provides broad exposure to the Large Cap Blend segment of the US equity market.
  • Passively managed, offering a cost-effective way to invest in the S&P 500 Index.
  • Historically, the S&P 500 Index has shown long-term growth potential.
  • Offers diversification across various sectors, reducing individual stock risk.
  • Current stock price is reflective of the overall market performance.

Cons

Investors should be bearish about investing in SPDR S&P 500 ETF for these reasons:

  • Market volatility can impact the performance of the S&P 500 Index.
  • ETFs are subject to management fees and expenses, affecting overall returns.
  • May not outperform actively managed funds during certain market conditions.
  • Limited ability to customize the portfolio compared to individual stock selection.
  • Performance may be influenced by macroeconomic factors beyond investor control.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these SPDR S&P 500 ETF Trust pros and cons to contact@marketbeat.com.

SPY ETF - Frequently Asked Questions

How have SPY shares performed this year?

SPDR S&P 500 ETF Trust's stock was trading at $475.31 at the start of the year. Since then, SPY stock has increased by 16.8% and is now trading at $555.32.
View the best growth stocks for 2024 here
.

Who are SPDR S&P 500 ETF Trust's major shareholders?

Top institutional shareholders of SPDR S&P 500 ETF Trust include Institutional & Family Asset Management LLC, Stairway Partners LLC (0.02%), First Financial Bank Trust Division (0.01%) and Kozak & Associates Inc. (0.01%).
View institutional ownership trends
.

How do I buy shares of SPDR S&P 500 ETF Trust?

Shares of SPY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SPDR S&P 500 ETF Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPDR S&P 500 ETF Trust investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Walt Disney (DIS) and Boeing (BA).

This page (NYSEARCA:SPY) was last updated on 7/9/2024 by MarketBeat.com Staff

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