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Launched on 01/29/1993, the SPDR S&P 500 ETF (SPY) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
The fund is sponsored by State Street Global Advisors. It has amassed assets over $504.90 billion, making it the largest ETFs attempting to match the Large Cap Blend segment of the US equity market.
Why Large Cap Blend
Large cap companies typically have a market capitalization above $10 billion. Considered a...
>>> Read more: Should SPDR S&P 500 ETF (SPY) Be on Your Investing Radar?
The fund is sponsored by State Street Global Advisors. It has amassed assets over $504.90 billion, making it the largest ETFs attempting to match the Large Cap Blend segment of the US equity market.
Why Large Cap Blend
Large cap companies typically have a market capitalization above $10 billion. Considered a...
>>> Read more: Should SPDR S&P 500 ETF (SPY) Be on Your Investing Radar?
