Best US Companies To Watch For 2015: SPDR S&P 500 ETF Trust (SPY)
SPDR Trust, Series 1 (the Trust) is a unit investment trust. The Trust is an exchange-traded fund created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the common stocks, in substantially the same weighting, which comprise the Standard & Poor's 500 Composite Price Index (the S&P Index). Each unit of fractional undivided interest in the Trust is referred to as a Standard & Poor's Depositary Receipt (SPDR).
The Trust utilizes a full replication approach. With this approach, all 500 securities of the Index are owned by the Trust in their approximate market capitalization weight.
Advisors' Opinion:- [By Tom Aspray]
In Friday's Wall Street Journal, it was pointed out that the overall trading volume in the popular Spyder Trust (SPY) has been relatively low; about 20 million shares lower than it was during the same period last year.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-us-companies-to-watch-for-2015-2.html
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