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SPDR S&P 500 ETF tops record $500 billion in assets as Nvidia soars

A staggering rise in shares of chipmaker Nvidia helped the SPDR S&P 500 ETF Trust become the first exchange traded fund to top $500 billion in assets, market participants said. A sizeable chunk of those gains came from the surge in Nvidia, whose heavy weighting in the S&P 500 gives it an outsized influence on the index’s moves. “This is a result of Nvidia climbing to new highs rather than of fresh demand for the ETF,” said Todd Rosenbluth, chief ETF strategist at VettaFi.

Suzanne-mcgee , Todd-rosenbluth , David-gregorio , Ira-ioseabshvili , Saqib-iqbal-ahmed , Reuters , Blackrock-inc , Nvidia , State-street-global , Magnificent-seven , Silicon-valley , Arket-participants

New to The Street Announces Line-up of its Corporate

New to The Street Announces Line-up of its Corporate Interviews Airing on its Leadership and Business Televised Series...

Indiana , United-states , Florida , Russia , Marymount-school , New-york , London , City-of , United-kingdom , Zurich , Züsz , Switzerland

12 Best Tech ETFs for 2024

Technology stocks have been on a tear. The Nasdaq-100 index, which includes the top 100 stocks on the tech-heavy Nasdaq exchange, is up 55.13% in the past year. The tech sector is up 45.7% in the past...

Taiwan , Nasdaq , Zeta-global-holdings-corp , First-trust-dow-jones-internet-index-fund , Alphabet-inc , Devices-inc , Us-technology , Apple-inc , First-trust , Docusign-inc , Adeia-inc

Is Schwab's Dividend ETF Better Than SPDR's Dividend ETF?

What makes one dividend ETF better than another? A look at the differences between these two funds helps to explain.

Motley-fool-stock-advisor , Stock-advisor , Schwab-us-dividend-equity-etf , Pdr , Ividend-etf , Chwab ,

New to The Street Leadership Series Announces Its

New to The Street Leadership Series Announces Its Interviews of Three Business Leaders, David J. Friedman and War Hippies' Scooter Brown and Donnie Reis...

Indiana , United-states , Philadelphia , Pennsylvania , Wharton-school , Carlton , America , American , Donnie-reis , Jane-king , Davidj-friedman , Michael-jordan

Got $1,000 to Invest in Stocks? Put It in This ETF

This popular investment vehicle makes it easy to gain exposure to the broad market.

Microsoft , Motley-fool-stock-advisor , Stock-advisor , Spdr-sp-500-etf-trust , Pdr ,