NYSEARCA:SPY SPDR S&P 500 ETF Trust (SPY) Price, Holdings, & News → Nvidia needs this one obscure firm (From Porter & Company) (Ad) Free SPY Stock Alerts $548.49 +1.39 (+0.25%) (As of 06/18/2024 ET) Add Compare Share Share Today's Range$546.73▼$548.6250-Day Range$495.12▼$548.4952-Week Range$409.21▼$548.62Volume41.34 million shsAverage Volume43.91 million shsMarket Capitalization$540.58 billionAssets Under Management$526.75 billionDividend Yield0.93%Net Expense Ratio0.09% Stock AnalysisStock AnalysisChartDividendHeadlinesHoldingsOwnershipRatingsSEC FilingsStock AnalysisChartDividendHeadlinesHoldingsOwnershipRatingsSEC Filings Get SPDR S&P 500 ETF Trust alerts: Email Address 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.Written by Jeffrey Neal JohnsonRead More SPY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPY ETF News HeadlinesJune 18 at 7:41 AM | marketbeat.com6 Reasons the S&P 500 Will Keep Rising This YearThe S&P 500 NYSEARCA: SPY index can keep rising this year even if many stocks within it don't. The reasons are simple and center around the top six holdings.June 18 at 7:40 AM | marketbeat.com6 Reasons the S&P 500 Will Keep Rising This Year (SPY)The S&P 500 can continue to rally this year and gain 15% or more by year's end because the top six holdings are 30% of the market and being led higher.June 19, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.June 13, 2024 | marketbeat.comThe FOMC Decision Means Higher Prices for Stocks This SummerThe Federal Open Market Committee (FOMC) didn't exactly give the market what it wanted, but the policy statement and outlook have the S&P 500 NYSEARCA: SPY on track to hit new highs. High inflation and high interest rates aside, the US economy is growing, labor markets are healthy, and inflation is tracking lower, which has the Fed on track to cut rates.June 13, 2024 | marketbeat.comThe FOMC Decision Means Higher Prices for Stocks This SummerThe S&P 500 is in rally mode and climbing a wall of worry that could lead to a large increase in the 2nd half. Technical targets put the index at 6,100, up 12%.June 5, 2024 | marketbeat.comWhy Altria Stock is Still a Good Dividend Play (SPY)Altria is a leading sin stock with a market-beating yield and an aggressive repurchase plan that drives value for shareholders today.May 28, 2024 | marketbeat.comRoss Stores: Buy Off-Price Retail While It’s Still a Bargain (SPY)Ross Stores is well-positioned for the retail environment; it generates solid cash flow, has a fortress balance sheet, pays a reliable dividend, and buys stock.June 14, 2024 | gurufocus.comVanguard Retirement Perspectives- Labor Market Pulse: Young, Lower-Income Workers Gaining GroundJune 19, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.June 14, 2024 | 247wallst.comSPX vs. SPY: Which Should You Buy?See More Headlines Receive SPY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SPDR S&P 500 ETF Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Fund Details IssuerSSgA Fund NameSPDR S&P 500 ETF Trust Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:SPY Inception Date1/22/1993 Fund ManagerN/A Previous SymbolNYSE:SPY Webwww.spdrs.com Phone212-656-4440Fund Focus Asset ClassEquity BenchmarkS&P 500 Index CategorySize and Style FocusLarge Cap Development LevelDeveloped Markets RegionNorth America Number of Holdings504 Fund Statistics Assets Under Management$526.75 billion Average Daily Volume$45.78 million Discount/Premium0.25% Administrator, Advisor and Custodian AdministratorState Street Bank and Trust Company AdvisorSSgA Funds Management, Inc. CustodianState Street Bank and Trust Company DistributorALPS Distributors, Inc. Transfer AgentState Street Bank and Trust Company TrusteeState Street Global Advisors Trust Company Lead Market MakerNone Options OptionableOptionable Options Volume7,917,216 Put Options4,375,209 Call Options3,542,007 Short Interest90,120,000 shs Miscellaneous Outstanding Shares989,780,000Beta1.00 Creation Unit50,000 Creation Fee$3,000.00 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Ad Behind the MarketsHistoric NVIDIA partnership could send this tiny AI stock soaring...After striking partnerships with trillion-dollar chipmaker NVIDIA... ARM surged over 60% in a week... Who's next?Click here to discover the name and ticker symbol >>> SPDR S&P 500 ETF Trust ExpensesTypeSPYLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFsManagement Fee0.09%0.56%0.54%0.51%0.51%Other Expenses0.00%0.28%0.50%0.59%0.55%Total Expense0.09%0.63%0.70%0.74%0.71%Fee Waiver0.00%-0.24%-0.55%-0.69%-0.60%Net Expense0.09%0.60%0.60%0.58%0.58% SPDR S&P 500 ETF Trust (SPY) Holdings & ExposureTop 10 SPY HoldingsMicrosoft(NASDAQ:MSFT)Holding Weight: 6.92%NVIDIA(NASDAQ:NVDA)Holding Weight: 6.40%Apple(NASDAQ:AAPL)Holding Weight: 6.34%Amazon.com(NASDAQ:AMZN)Holding Weight: 3.67%Meta Platforms(NASDAQ:META)Holding Weight: 2.37%Alphabet(NASDAQ:GOOGL)Holding Weight: 2.30%Alphabet(NASDAQ:GOOG)Holding Weight: 1.94%Berkshire Hathaway(NYSE:BRK.B)Holding Weight: 1.70%Eli Lilly and Company(NYSE:LLY)Holding Weight: 1.49%Broadcom(NASDAQ:AVGO)Holding Weight: 1.31%SPY Sector ExposureSPY Industry ExposureFull Holdings Details Similar ETFsiShares Core S&P 500 ETFNYSEARCA:IVVVanguard S&P 500 ETFNYSEARCA:VOOInvesco QQQNASDAQ:QQQVanguard Growth ETFNYSEARCA:VUGVanguard Value ETFNYSEARCA:VTVInstitutional OwnershipTruNorth Capital Management LLCBought 2,958 shares on 6/17/2024Ownership: 0.000%Chelsea Counsel Co.Bought 25 shares on 6/17/2024Ownership: 0.000%NBW Capital LLCSold 988 shares on 6/13/2024Ownership: 0.003%Mosaic Family Wealth Partners LLCBought 659 shares on 6/13/2024Ownership: 0.001%Cypress Asset Management Inc. TXBought 238 shares on 6/11/2024Ownership: 0.000%View All Institutional Transactions 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 Diversification: Investing in SPDR S&P 500 ETF allows investors to gain exposure to a diversified portfolio of 500 of the largest publicly traded companies in the U.S. This diversification helps spread risk across different sectors and industries. Liquidity: SPDR S&P 500 ETF is highly liquid, meaning investors can easily buy and sell shares on the stock exchange without significantly impacting the market price. Low Expense Ratio: SPDR S&P 500 ETF typically has a low expense ratio compared to actively managed funds, which can lead to higher returns for investors over the long term. Historical Performance: Over the years, the S&P 500 index, which SPDR S&P 500 ETF tracks, has shown strong historical performance, making it an attractive investment option for many investors. Passive Investing: SPDR S&P 500 ETF offers a passive investing approach, tracking the performance of the S&P 500 index, which can be a cost-effective and efficient way to invest in the broader market. Cons Investors should be bearish about investing in SPDR S&P 500 ETF for these reasons: Market Volatility: The S&P 500 index can be subject to market volatility, which may lead to fluctuations in the value of the ETF and potential short-term losses for investors. Tracking Error: While SPDR S&P 500 ETF aims to track the performance of the S&P 500 index, there can be instances of tracking error where the ETF's performance deviates from the index it is supposed to mirror. Market Risk: Investing in the S&P 500 index through an ETF exposes investors to market risk, including economic downturns, geopolitical events, and other external factors that can impact the overall market. Dependency on U.S. Market: SPDR S&P 500 ETF is heavily dependent on the performance of the U.S. stock market, making it vulnerable to domestic market conditions and policies. Current Stock Price: The current stock price of SPDR S&P 500 ETF, while important, should not be the sole factor in investment decisions as it can fluctuate based on market conditions and investor sentiment. 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 Saturday, June 8, 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 2024. Since then, SPY shares have increased by 15.4% and is now trading at $548.49. 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 announced a Interim dividend on Monday, March 18th. Shareholders 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 an increase 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 $526.75 billion assets under management. What stocks does SPDR S&P 500 ETF Trust hold? SPY invests in 504 holdings. Some of the stocks in their portfolio include Microsoft (MSFT), NVIDIA (NVDA), Apple (AAPL), Amazon.com (AMZN), Meta Platforms (META), Alphabet (GOOGL), Alphabet (GOOG), Berkshire Hathaway (BRK.B), Eli Lilly and Company (LLY) and Broadcom (AVGO). 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 variety of retail and institutional investors. Top institutional investors include 1832 Asset Management L.P. (0.00%), Farallon Capital Management LLC (0.00%), Akuna Securities LLC (0.00%), TD Asset Management Inc (0.75%), JPMorgan Chase & Co. (0.00%) and Walleye Trading LLC (0.00%). 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. 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