SPDR S&P 500 ETF Trust (SPY) is an American exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index. The S&P 500 Index is a well-known benchmark that tracks the performance of the 500 largest publicly traded companies in the U.S. market. SPDR S&P 500 ETF Trust provides investors with the opportunity to invest in a broad range of U.S. stocks and gain exposure to various sectors and companies that make up this index. This ETF is a popular tool among investors looking for diversification and tracking the performance of the broad market.
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