SPY, also referred to as the SPDR S&P 500, is an exchange traded fund that tracks the performance of stocks from the Standard & Poor’s 500 U.S index. These stocks include:
- American Airlines
- Johnson & Johnson
- Exxon Mobil Corporation
- General Electric Company
The SPY, which trades on the NYSE Arca, is a popular asset among both long-term and short-term investors thanks to its appealing characteristics. Considered the oldest ETF, this asset is best known for its high trading volume, ranking, and affordable holding prices.
With our latest tools and technology, you can effortlessly trade SPY at Almahfaza. We provide traders with a responsive platform to easily and quickly open and close trades. Traders can also take advantage of Almahfaza’s educational tools and charts that can help making better trading decisions.