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SPDR Exchange Traded Funds (ETFs)
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SPDR (an acronym for Standard & Poor's Depositary Receipt) is the exchange-traded fund (ETF) brand of State Street Global Advisors (SSGA). SSGA is a global leader in asset management and the investment management division of State Street Corporation. In 1993, SSGA revolutionized the investment industry by launching the SPDR S&P 500 ETF (ticker: SPY), the first and largest U.S.-listed ETF, which tracks the S&P 500 Index. The company's mission is to provide investors with a broad and diverse range of transparent, liquid, and cost-effective investment tools to help them achieve their financial goals across nearly every asset class.
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