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SPY

SPDR S&P 500 ETF Trust

http://www.spdrs.com

Industry

Asset Management

The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the “Portfolio”), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.

Open

606.40

Mkt cap

555B

Volume

30M

High

607.13

P/E Ratio

30.44

52-wk high

609.07

Low

602.81

Div yield

0.01

52-wk low

466.43

The S&P 500 index, represented by the SPDR S&P 500 ETF Trust (SPY), reached its 53rd all-time high of 2024, closing at 6,032.44 after a 0.56% increase during a shortened Black Friday trading session.

Portfolio Pulse from

December 01, 2024 | 11:15 am

The article suggests that the S&P 500, represented by the SPY ETF, is poised for a sell-off. This implies potential downward pressure on the SPY ETF in the short term.

Portfolio Pulse from

November 27, 2024 | 4:00 pm

The article discusses an optimistic forecast for the S&P 500, predicting it will reach 6,500 by 2025. It suggests that investors should consider ETFs to capitalize on this potential growth.

Portfolio Pulse from

November 26, 2024 | 8:00 pm

The article outlines a bullish outlook for 2025, driven by solid economic data, resilient consumers, and global demand. These factors suggest a positive market environment.

Portfolio Pulse from

November 25, 2024 | 1:45 pm

The article discusses the potential for a 'Santa Claus Rally' in the stock market, highlighting that the S&P 500, represented by the ETF SPY, is in an earnings-driven uptrend. The outlook for 2024 and 2025 suggests that positive market conditions could continue, potentially sustaining the trend into 2026.

Portfolio Pulse from

November 22, 2024 | 12:45 pm

The SPY ETF is experiencing heightened valuation risks due to post-election rallies, with its P/E ratio nearing all-time highs. Investors are advised to exercise caution and consider alternative investments like REITs and dividend-focused ETFs such as SCHD and NOBL.

Portfolio Pulse from

November 15, 2024 | 5:00 am

The article suggests holding the SPDR S&P 500 ETF Trust (SPY) due to Trump's victory and a favorable corporate tax environment. However, it warns that the S&P 500 is expensive by 19 out of 20 metrics. Trump's policies could boost corporate profits short-term but raise long-term inflation concerns. Despite a positive short-term outlook, the stretched valuation of the S&P 500 warrants caution and patience for better buying opportunities.

Portfolio Pulse from

November 06, 2024 | 11:15 pm

The S&P 500 index, represented by the SPDR S&P 500 ETF Trust (SPY), has reached new all-time highs, surpassing the 5,900 mark for the first time in history.

Portfolio Pulse from

November 06, 2024 | 3:30 pm

The article discusses the worst-performing S&P 500 stocks during Biden's first year in office and speculates on potential trends if Kamala Harris wins the 2024 election. It highlights the underperformance of financials and casino stocks in 2021 and suggests these sectors might continue to struggle under Democratic leadership.

Portfolio Pulse from Chris Katje

November 02, 2024 | 12:58 pm

Donald J. Trump, the Republican nominee, has announced a plan to impose a 100% tariff on every car if Stellantis moves its operations. This statement could impact Stellantis' stock and the broader market.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:51 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.