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NYSEARCA:SPY

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

$582.21
+2.43 (+0.42%)
(As of 10/16/2024 ET)

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

Key Stats

Today's Range
$578.96
$582.82
50-Day Range
$530.65
$584.29
52-Week Range
$409.21
$585.27
Volume
30.68 million shs
Average Volume
60.29 million shs
Market Capitalization
$590.35 billion
Assets Under Management
$600.85 billion
Dividend Yield
1.20%
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%0.65%0.71%0.73%0.71%
Fee Waiver0.00%-0.26%-0.52%-0.68%-0.57%
Net Expense0.09%0.62%0.61%0.58%0.59%

SPY ETF News Headlines

Champaign - Circa June 2023: Abbott Laboratories research facility. Abbott Labs is a healthcare company that makes medical and nutrition products.
Abbott’s Growth and Dividends Make It a Smart Portfolio Pick (SPY)
Abbott Laboratories is the #1 healthcare stock to own for consistent, market-beating returns over the long term. Q3 results align with the trend.
Aerial shot of office skyscraper with The Goldman Sachs Group, Inc. logo. Modern office building. Editorial 3D rendering — Stock Editorial Photography
Goldman Sachs Earnings Reveal Market Moves Investors Can't Ignore (SPY)
Goldman Sachs new earnings release shows investors where the money flow is headed today, and it seems to favor bonds over stocks as a major thread
This man predicted today’s most valuable companies more than a decade ago.
How could it be that one analyst called the rise of Apple, Microsoft, Nvidia, and many of today’s best performing stocks more than a decade ago? Some might say it was luck… Others will say he was in the right place at the right time. But looking back, this analyst has made some incredible calls over his career… In fact, right now, he’s the #1 ranked stock picker in North America… To earn that title he’s beat out more than 16,000 stock market professionals. So how does one man accomplish all that? If you were to ask him, he’d give the credit to his stock rating system…. A system that has a history of predicting which stocks could soon rise by 100% or more…
Bull Stock Market - Good stock buy prices up from Global economic and financial grow - stock image
The S&P 500 Defies Odds, Extends Rally With 6,000 in Sight
The S&P 500 rally is driven by earnings growth, dividends, and share repurchases, which are not expected to end in 2025 but accelerate.
SCHD: 3-To-1 Split Creates More Upside Potential
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 stock has increased by 22.5% and is now trading at $582.21.
View the best growth stocks for 2024 here
.

SPDR S&P 500 ETF Trust's top institutional investors include SG Americas Securities LLC, Creative Planning (0.29%), Greenfield FTC Inc. (0.07%) and Members Trust Co (0.07%).
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 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
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
$600.85 billion
Average Daily Volume
$48.95 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
Optionable
Options Volume
7,514,241
Put Options
4,303,751
Call Options
3,210,490
Short Interest
106,160,000 shs

Miscellaneous

Outstanding Shares
1,013,980,000
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 10/17/2024 by MarketBeat.com Staff
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