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SPDR S&P 500 Trust ETF (SPY) is an ETF or exchange traded fund. It is designed to track the S&P 500 index. SPDR stands for Standard & Poor's Depositary Receipts. The SPY is the largest ETF in the world as more and more investors seek cheaper and passive investments. Other ETFs that track the S&P 500 are Vanguard S&P 500 ETF (VOO) and iShares S&P 500 Index (IVV).
This video is for educational, informational, and entertainment purposes. This is not a recommendation to buy, sell, or hold. This is a hypothetical use of Nforecast tool. You should not construe any data or information presented by Traders Graphics or Nforecast LLC as investment, tax, legal, financial or other advice.