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

ETF Overview

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.

Written by Jeffrey Neal Johnson

Key Stats

• Today's Range: $570.62 to $575.55
• 50-Day Range: $540.41 to $584.51
• 52-Week Range: $426.56 to $586.12
• Volume: 45.67 million shs
• Average Volume: 41.23 million shs
• Market Capitalization: $587.53 billion
• Assets Under Management: $591.53 billion
• Dividend Yield: 1.23%
• Net Expense Ratio: 0.09%
• Aggregate Rating: Moderate Buy

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 beginning of the year. Since then, SPY shares have increased by 20.1% and is now trading at $571.04.
View the best growth stocks for 2024 here.

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

SPDR S&P 500 ETF Trust's top institutional investors include Belvedere Trading LLC, International Assets Investment Management LLC (1.38%), SG Americas Securities LLC and Creative Planning (0.29%).
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 Vanguard S&P 500 ETF (VOO), Dell Technologies (DELL), VF (VFC), ProShares Ultra Semiconductors (USD), Walmart (WMT), Invesco QQQ (QQQ) and Digital World Acquisition (DWAC).

Fund Details

• Issuer: SSgA
• Fund Name: SPDR S&P 500 ETF Trust
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SPY
• Inception Date: 1/22/1993
• Fund Manager: N/A
• Previous Symbol: NYSE:SPY
• Web: www.spdrs.com
• Phone: 212-656-4440

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: $591.53 billion
• Average Daily Volume: $41.22 million
• Discount/Premium: -0.11%

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: 8,027,632
• Put Options: 4,591,466
• Call Options: 3,436,166
• Short Interest: 108,230,000 shs

Miscellaneous

• Outstanding Shares: 1,028,880,000
• Beta: 1.00
• Creation Unit: 50,000
• Creation Fee: $3,000.00