Standard & Poor's Depositary Receipt
Definition
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.
 Cite this definition
email to a friend
Related terms:
Exchange Traded Fund, Diamonds
Related Research Articles from the InvestorGuide.com University
Stocks and Your Portfolio
I like this company, but should I add it to my portfolio? This article talks about diversification and balancing risk with your stock selections.
Analysts and Earnings Estimates
Learn about analyst reports, buy and sell recommendations, earnings estimates and projections, earnings whispers, and investment bank conflicts of interest.
Trading Stocks
It pays to be informed before you start trading stocks. Find out about bid and ask prices, Electronic Communications Networks (ECNs), as well as market orders, limit orders, stop order and fill or kill orders. Also, learn some tips for day trading and active trading.
Related Resources from InvestorGuide.com
Stock of the Day Newsletter
Learn about stocks that are making headlines today by signing up for our free newsletter.
Stock Research Tool
Using our stock research tool, you have access to our stock tracker, quotes, interactive charts, news, analysis and profile information. Click here to use our stock research tool or enter a stock ticker here:
Featured Sponsor
|
|
