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    SPDR - what is this stock term

    s term used in the stock market relative to stock values

    0  Views: 241 Answers: 1 Posted: 12 years ago

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    SPDR funds are shares of a family of exchange-traded funds (ETFs) traded in both the United States and Australia and managed by State Street Global Advisors.

    Informally, they are also known as Spyders or Spiders. SPDR is a trademark of Standard and Poor's Financial Services LLC, a subsidiary of McGraw-Hill Companies, Inc.

    The name is an acronym for the first member of the family, the Standard & Poor's Depositary Receipts


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