Spider

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Spider

See: SPDRs

Spider

Also called a Standard & Poor's Depositary Receipt or a SPDR. An exchange-traded fund that tracks the Standard and Poor's 500. The organization issuing the SPDR owns each of the stocks traded on the S&P 500 in approximate ratio to their market capitalization. SPDR shares can be bought, sold, short-sold, traded on margin; they generally function as if they were stocks. Dividends are paid quarterly and are based on the accumulated dividends of all the stocks represented in the SPDR, less any expenses. Investors use SPDRs (and indeed all exchange-traded funds) as a way to easily diversify their portfolios at relatively low cost. Investors also see the demand for SPDRs as an indicator of which direction the market believes the S&P 500 is going. See also: Mid-Cap SPDR.

spider

References in periodicals archive ?
Signs of a spider bite may not show up until the day after the bite.
If a patient presents with an abscessed skin infection and tells you it's a spider bite, get a culture, he advised.
Respiratory failure is a prominent effect of black widow spider bite.
Expect Valencia baseball standout Casey Mulligan to see more time at catcher now that he has healed from a spider bite that caused severe swelling in his leg.
MICHAEL Jackson, hobbling into court without a shoe because of a spider bite, has taken the stand in a $21m (pounds 14m) breach-ofcontract case, saying he could not recall details about his cancelled millennium concerts.
A spider bite has two points of entry because of its fangs, compared to a wasp sting which only has one point of entry.
The brown recluse spider bite is painful and can produce an open, ulcerating sore.
A MAN whose widow insists he was killed by a toxic spider bite actually died from a ruptured oesophagus, his inquest heard.
Doctors thought it was an allergic reaction to a spider bite and he was sent home.
The case was covered in the NZ Medical Journal after the man recorded the first known case of myocarditis, or heart inflammation, caused by a spider bite.