As the S&P 500 surges from March lows, investors fled the most popular stock-market fund

(Marketwatch) Tom McClellan, market technician and publisher of the McClellan Market Report, says investors are fleeing one of the most popular exchange-traded funds on Wall Street, even as stocks rally off their March lows. The State Street-sponsored SPDR S&P 500 ETF Trust SPY, +1.20%, which offers investors exposure to S&P 500 index stocks, is widely considered the most liquid and frequently traded ETF, boasting assets of $254 billion.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply