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SPDR meaning in Business ?

Answer» What is Standard & Poor's Depository Receipts mean?

The SPDR S&P 500 (NYSE: SPY) is an exchange-traded fund from State Street Global Advisors that tracks the S&P 500. For a long time, the fund was the largest ETF in the world. As of August 2012, it is the largest exchange-traded product in the world, and also the most actively traded.

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