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 shares have increased by 20.0% and is now trading at $570.25. 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 1832 Asset Management L.P., Susquehanna International Group LLP, Austin Private Wealth LLC and Farallon Capital Management LLC. 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) .

NYSEARCA:SPY

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

$570.86

+9.46 (+1.69%)

(As of 11:27 AM ET)

Compare

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

Advanced Chart

Key Stats

Today's Range: $568.08
▼
$571.89
50-Day Range: $517.15
▼
$564.79
52-Week Range: $409.21
▼
$571.89
Volume: 24.74 million shs
Average Volume: 61.42 million shs
Market Capitalization: $564.85 billion
Assets Under Management: $555.00 billion
Dividend Yield: 0.92%
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.

Written by Jeffrey Neal Johnson

SPDR S&P 500 ETF Trust Expenses

Type	SPY	Large Cap ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.09%	0.57%	0.55%	0.51%	0.52%
Other Expenses	0.00%	0.30%	0.49%	0.58%	0.54%
Total Expense	0.09%	0.64%	0.71%	0.73%	0.71%
Fee Waiver	0.00%	-0.25%	-0.52%	-0.68%	-0.58%
Net Expense	0.09%	0.61%	0.61%	0.58%	0.59%

SPY ETF News Headlines

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?

September 19 at 10:23 AM | marketbeat.com

3 Stocks to Neutralize Market Volatility and Build Wealth (SPY)

It takes more than a low beta to offset volatility and risk, and quality still counts, as seen in price action. Dividends and buybacks help.

September 19 at 7:00 AM | marketbeat.com

China Stockpiling Gold “Like No Tomorrow”

For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .

September 19, 2024 | True Gold Republic (Ad)

Top 3 Dividend Stocks to Beat Market Volatility and Boost Returns (SPY)

These reliable dividend stocks are great buys, with shares still near the bottom of long-term ranges and accelerating growth expected in 2025.

September 17 at 7:37 AM | marketbeat.com

S&P 500 (SPX) today: The benchmark index dropped 0.12% this morning

September 18 at 12:54 PM | usatoday.com

S&P 500 (SPX) today: The index opened down 0.11% in early trading

September 17 at 11:09 AM | usatoday.com

See More Headlines

SPY ETF - Frequently Asked Questions

: SPDR S&P 500 ETF Trust's stock was trading at $475.31 at the start of the year. Since then, SPY shares have increased by 20.0% and is now trading at $570.25.
View the best growth stocks for 2024 here.
: SPDR S&P 500 ETF Trust's top institutional investors include 1832 Asset Management L.P., Susquehanna International Group LLP, Austin Private Wealth LLC and Farallon Capital Management LLC.
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
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: $557.72 billion
Average Daily Volume: $46.63 million
Discount/Premium: 0.16%

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: N/A
Short Interest: 95,320,000 shs

Miscellaneous

Outstanding Shares: 999,980,000
Beta: 1.00
Creation Unit: 50,000
Creation Fee: $3,000.00

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

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 Tuesday, September 10, 2024. Please send any questions or comments about these SPDR S&P 500 ETF Trust pros and cons to contact@marketbeat.com.

SPDR S&P 500 ETF Trust
Bull Case

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

SPDR S&P 500 ETF provides diversified exposure to the S&P 500 Index, which consists of 500 of the largest publicly traded companies in the U.S. This diversification helps spread risk across various sectors and companies.
Investing in SPDR S&P 500 ETF allows investors to participate in the overall growth of the U.S. stock market, capturing the performance of leading companies across different industries.
With SPDR S&P 500 ETF, investors can benefit from the historical long-term growth of the S&P 500 Index, which has shown consistent returns over time.
One of the advantages of SPDR S&P 500 ETF is its low expense ratio, which helps minimize costs for investors compared to actively managed funds.
SPDR S&P 500 ETF offers liquidity, making it easy for investors to buy and sell shares on the stock exchange, ensuring efficient trading.

SPDR S&P 500 ETF Trust
Bear Case

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

While SPDR S&P 500 ETF provides broad exposure to the U.S. stock market, it may not outperform actively managed funds during certain market conditions or in specific sectors.
Investing in SPDR S&P 500 ETF means investors are subject to market volatility and fluctuations, as the fund's performance directly correlates with the movements of the S&P 500 Index.
As with any investment in the stock market, there is inherent risk involved when investing in SPDR S&P 500 ETF, and investors should be prepared for potential losses during market downturns.
SPDR S&P 500 ETF may not provide exposure to specific niche sectors or companies that could outperform the broader market, limiting potential for higher returns in those areas.
Investors should consider their investment goals and risk tolerance when investing in SPDR S&P 500 ETF, as it may not align with certain individual preferences or strategies.