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NYSEARCA:SPY

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

$568.84
+0.22 (+0.04%)
(As of 10/2/2024 ET)

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

Key Stats

Today's Range
$565.27
$569.90
50-Day Range
$517.15
$573.95
52-Week Range
$409.21
$574.71
Volume
38.05 million shs
Average Volume
61.27 million shs
Market Capitalization
$580.75 billion
Assets Under Management
$587.95 billion
Dividend Yield
1.23%
Net Expense Ratio
0.09%
Aggregate Rating
Moderate Buy

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.

SPDR S&P 500 ETF Trust Expenses

TypeSPYLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.09%0.57%0.55%0.51%0.52%
Other Expenses0.00%0.30%0.49%0.58%0.54%
Total Expense0.09%0.64%0.70%0.73%0.71%
Fee Waiver0.00%-0.26%-0.52%-0.68%-0.58%
Net Expense0.09%0.61%0.61%0.58%0.59%

SPY ETF News Headlines

Clamart, France - February 2, 2024: Sign and logo on a building of SLB, formerly Schlumberger. SLB is a French multinational petroleum services and equipment company — Stock Editorial Photography
S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside (SPY)
If you’re investing in individual stocks a choppy S&P 500 is an opportunity to look for stocks with strong fundamentals that are being overlooked by investors
Momentum stocks
3 Momentum Trades Too Good Pass Up (SPY)
Check out these three stocks each up over 60% in the past twelve months. Their strong paths for growth can help keep their momentum stories going.
I want to be very real with you
Listen, I don’t come at my readers this direct very often, but here goes nothing: There is one strategy that has helped change my life and I’d like to think it has changed the lives of some of my readers, too. We’ve had success stories but I won’t even show you here because I don’t want you to get unrealistic expectations since individual results do vary. But the point is, this thing is the real deal. There’s a reason I consider it my flagship, even with all the market advantages I’ve discovered in recent years.
Interest rate cuts
What’s Next After FOMC’s Aggressive Interest Rate Cuts?
The S&P 500 increased to set a new high following the FOMC meeting, but can it hold the gains with the rising risk of a recession?
U.S. ETFs Hit $10T in Assets on Market Gains, Inflows
See More Headlines

SPY ETF - Frequently Asked Questions

SPDR S&P 500 ETF Trust's stock was trading at $475.31 on January 1st, 2024. Since then, SPY shares have increased by 19.7% and is now trading at $568.86.
View the best growth stocks for 2024 here
.

Top institutional shareholders of SPDR S&P 500 ETF Trust include First Financial Bank Trust Division (0.01%), Appleton Partners Inc. MA, American National Bank & Trust and Abacus Planning Group Inc..
View institutional ownership trends
.

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.

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).

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
$587.95 billion
Average Daily Volume
$53.17 million
Discount/Premium
-0.09%

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
9,133,737
Put Options
4,886,386
Call Options
4,247,351
Short Interest
106,750,000 shs

Miscellaneous

Outstanding Shares
1,020,930,000
Beta
1.00
Creation Unit
50,000
Creation Fee
$3,000.00

Top 10 SPY Holdings

SPY Sector Exposure

SPY Industry Exposure


This page (NYSEARCA:SPY) was last updated on 10/2/2024 by MarketBeat.com Staff
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