SPDR. Shares of a security designed to track the value of the S&P 500. Spiders trade on the American Stock Exchange under the symbol SPY. One SPDR unit is valued at approximately one-tenth of the value of the S&P 500. Dividends are distributed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust. also called SPDRs or Spiders.
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Shares of a security designed to track the value of the S&P 500; also called SPDRs or Spyders . Spyders trade on the American Stock Exchange under the.
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Each unit of fractional undivided interest in the Trust is referred to as a Standard & Poor's Depositary Receipt. As of Sept 30 2009, the Trust's total assets were ...