Description:

The SPY ticker, also known as the SPDR S&P 500 ETF Trust, is a popular and widely-traded exchange-traded fund (ETF) listed on the New York Stock Exchange (NYSE) under the ticker symbol SPY. As the largest and most widely-held S&P 500 index fund, SPY tracks the performance of the S&P 500 Index, which comprises the 500 largest publicly traded companies in the US. With over $300 billion in assets under management, SPY provides investors with exposure to the overall US stock market, offering a diversified portfolio of over 500 constituents. As one of the most liquid and widely-recognized ETFs, SPY is often used as a benchmark for the overall US stock market and is frequently cited in financial media and investment discussions.

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