SPY Becomes First ETF to Reach $600 Billion in AUM
It's a great day to be an investor in SPY, the SPDR S&P 500 ETF Trust. As of market close on Oct. 15, 2024, SPY became the world's first ETF to surpass $600 billion in assets under management.
The S&P 500 Defies Odds, Extends Rally With 6,000 in Sight
The S&P 500 NYSEARCA: SPY defies the odds and mounting risks to continue its trend. The market broke above critical support in late September and is on track to reach bull case targets near 6,000 by the year's end.
SPY: 5 Charts Show How Overvalued The Market Has Become
The major market indices continue to hit all-time highs, and investors have more of their investments allocated to equities than at any time since the Internet Boom era ended. This is happening just as the S&P 500, a good proxy for the overall market, has become substantially overvalued using various traditional valuation metrics.
Meet the Warren Buffett ETF That Turned $10,000 Into Over $233,000
Time is on your side with this Buffett-owned exchange-traded fund.
4 Quirky ETFs With Big Potential for Impressive Gains
Though perhaps not as trendy as they were years ago, exchange-traded funds (ETFs) are nonetheless a core investment vehicle—and still an exceedingly popular one, at that. As of 2023, there were more than 10,000 ETFs listed across the globe, up by nearly a quarter from just three years earlier.
These 2 Simple Index Funds Could Turn $100 a Month Into $1 Million
You can build a million-dollar nest egg by following these steps.
SPY: Hold On, But Be Prepared To Buy
Despite fears of an AI bubble, current financial robustness and valuation of companies suggest we are not in a bubble. The reduction in euphoria over AI companies' results combined with the strong rise in the S&P 500 are not signs of a bubble. The S&P 500's valuation is stretched, and a regression to a 15x P/E ratio could present a good buying opportunity.
SPY: Not A Good Time To Increase Market Exposure
The S&P 500 is on its way for yet another successful year with year-to-date return of 22%. With valuations once again at record highs and bond yields sitting well above their 2021 values, upside from here appears limited. Investors buying the SPY should also consider the ETF's higher risk exposure.
S&P 500 Logs Best Quarter Since Q4 2021: 5 Top Stocks in ETF
The S&P 500 wrapped up its best quarter since the fourth quarter of 2021. We have highlighted five stocks that led the ETF and have a solid Zacks Rank.
Focus On The Data To Avoid Future Bear Traps
The stock market was able to rally last week despite the larger-than-expected 0.50% rate cut by the FOMC. As is often the case the averages gyrated after Fed Chair Powell's press conference and higher open the Dow Industrials closed down 293 points.
SPY: Still Hanging In Balance
The S&P 500 tracker fund SPY has seen a healthy rise in 2024 so far, after already seeing a double-digit increase in 2023 and even has a slight lead over QQQ. Sustained above trend growth in the US economy, softening inflation rates and the start of the rate cut cycle go in its favour. From a top-down perspective, all its biggest ten holdings have performed well this year, led by NVIDIA along with Meta, Broadcom and Eli Lilly.
Are Investors Trapped In A SPYder's Web?
Peak optimism in stock markets often signals an impending decline, as seen with U.S. households' equity allocation hitting a record 34.7%. Professional and retail investors' extreme enthusiasm, with low cash reserves and high options activity, indicates a potential market downturn.
