SPDR® S&P 500® ETF

State Street Global Advisors Marks 25th Anniversary of SPDR® S&P 500® ETF

State Street Global Advisors, the asset management business of State Street Corporation , marks the 25th anniversary of the first ever US-listed exchange traded fund (ETF), the SPDR S&P 500 ETF, by sounding the gong on the Amsterdam exchange. Launched 29 January 1993, SPY is currently the world’s largest and the most traded security in the world.

“SPY’s launch paved the way for a breakthrough industry that has improved access to every asset class and dramatically lowered costs for investors,” said Jim Ross, chairman of State Street Global Advisors’ Global SPDR Business and a member of the team that launched SPY in 1993. “In a relatively brief period of time, ETFs have fundamentally improved investing while amassing over $4 trillion of assets. Despite this unprecedented growth, the impact of ETFs during the next 25 years promises to be even more influential than it has been the last two-plus decades.”  

For nearly four decades, State Street Global Advisors has been committed to helping financial professionals and those who rely on them achieve their investment objectives. They partner with institutions and financial professionals to help them reach their goals through a rigorous, research-driven process spanning both active and index disciplines. They take pride in working closely with their clients to develop precise investment strategies, including their pioneering family of SPDR ETFs.

For more information: www.ssga.com

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