S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSEARCA:SPY

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

$504.51
-6.34 (-1.24%)
(As of 04/15/2024 ET)
Today's Range
$503.58
$515.30
50-Day Range
$493.86
$523.21
52-Week Range
$403.74
$524.61
Volume
91.97 million shs
Average Volume
74.84 million shs
Market Capitalization
$461.04 billion
Assets Under Management
$509.75 billion
Dividend Yield
1.33%
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

What to Expect From the Q1 Earnings Reporting Season
The outlook for Q1 and 2024 earnings is robust, and growth should be sustained into 2025, but the market is setting up for a correction the FOMC could trigger.
4 Dividend Aristocrats Trading at a Discount
The first quarter of the year was a success for investors. The overall market NYSE: SPY surged nearly 10%, fueled by robust economic indicators, optimism, and hype surrounding AI.
Nerd Investor Reveals Secret To Make Money With A.I.
He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.
FedEx Is A Buy Going Into Earnings  (SPY)
FedEx analysts are upping their targets ahead of the Q3 report and have the stock set up to outperform the consensus target.
Market Rally To Continue After Fed Gives Traders What They Wanted
The S&P 500 advanced to a new high because the FOMC gave the market what it wanted: a path to economic pivot and accelerated GDP growth.
Are We in a Bear Market? Signs, Implications and Current Trends
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
S&P (SPX) today: The index is up 8.98% YTD
Nerd Investor Reveals Secret To Make Money With A.I.
He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.
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
$509.75 billion
Average Daily Volume
$75.16 million
Discount/Premium
0.14%

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
10,426,056
Put Options
5,325,763
Call Options
5,100,293
Short Interest
101,500,000 shs

Miscellaneous

Beta
1.00
Creation Unit
50,000
Creation Fee
$3,000.00
12 Stocks Corporate Insiders are Abandoning Cover

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SPDR S&P 500 ETF Trust Expenses

TypeSPYLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.09%0.57%0.54%0.50%0.51%
Other Expenses0.00%0.29%0.54%0.64%0.58%
Total Expense0.09%0.63%0.70%0.74%0.70%
Fee Waiver0.00%-0.19%-0.55%-0.68%-0.57%
Net Expense0.09%0.61%0.60%0.57%0.58%

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 exposure to a diversified portfolio of common stocks included in the S&P 500 Index, reducing individual stock risk.
  • Tracks the price and yield performance of the S&P 500 Index, allowing investors to mirror the overall market performance.
  • Offers a cost-effective way to invest in a broad range of sectors, including technology, healthcare, and consumer staples.
  • Historically, the S&P 500 Index has shown long-term growth potential, making it attractive for investors seeking capital appreciation.
  • Current stock price of SPDR S&P 500 ETF is reflective of recent market trends, providing an entry point for investors.

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, leading to fluctuations in the ETF's value.
  • Passive investing in ETFs may limit the potential for outperforming the market compared to active investment strategies.
  • ETF expenses, although generally lower than mutual funds, can still erode overall returns over time.
  • Dependency on the performance of the S&P 500 Index may result in underperformance during periods of index decline.
  • Investors should consider their risk tolerance and investment goals before allocating a significant portion of their portfolio to a single ETF.
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 Wednesday, April 10, 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 in 2024?

SPDR S&P 500 ETF Trust's stock was trading at $475.31 at the beginning of the year. Since then, SPY stock has increased by 6.1% and is now trading at $504.51.
View the best growth stocks for 2024 here
.

How often does SPDR S&P 500 ETF Trust pay dividends? What is the dividend yield for SPDR S&P 500 ETF Trust?

SPDR S&P 500 ETF Trust declared a Interim dividend on Monday, March 18th. Stockholders of record on Sunday, May 12th will be paid a dividend of $2.049 per share on Sunday, May 12th. This represents a dividend yield of 0.26%. The ex-dividend date is Sunday, March 17th. This is a positive change from the stock's previous Interim dividend of $1.77.
Read our dividend analysis for SPY
.

What does SPY invest in?

SPDR S&P 500 ETF Trust is a equity fund issued by SSgA. SPY focuses on large cap investments and follows the S&P 500 Index. The fund's investments total to approximately $509.75 billion assets under management.

What stocks does SPDR S&P 500 ETF Trust hold?
What is the management fee for SPDR S&P 500 ETF Trust?

SPDR S&P 500 ETF Trust's management fee is 0.09% and has no other recorded expenses or fee waivers. The net expense ratio for SPY is 0.09%.

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

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

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

SPDR S&P 500 ETF Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Global Assets Advisory LLC (0.12%), CHURCHILL MANAGEMENT Corp (0.09%), First Hawaiian Bank (0.03%), Financiere des Professionnels Fonds d investissement inc. (0.03%), West Financial Advisors LLC (0.02%) and Ballentine Partners LLC (0.02%).
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.

This page (NYSEARCA:SPY) was last updated on 4/16/2024 by MarketBeat.com Staff

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