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 classic literature ?
Behind her shoulder, crawling into the hut crawl by crawl, there were two heads, one yellow and one black, that belonged to two of the most sorrowful and ashamed dogs that ever you saw.
Oh, she is sometimes gone for several weeks on her hunting trips, and if we were not tied we would crawl all over the mountain and fight with each other and get into a lot of mischief.
Being reassured by the fact that the creatures could not crawl out of their rock-pockets, the children and the Wizard now took time to examine them more closely.
I have done my best to rise, but I shall try again, and if you will try possibly each of us can crawl halfway, and then you shall have your `winnings.
It seemed that he must have lain thus an hour waiting for the thing to crawl out of the dark and end his misery.
They're dying rats, dying of starvation, when they crawl along that rope.
Never, in that period, did any of them crawl toward the dark corners of the back-wall.
The muscles of his body were tense, and as he moved about she could see them bunch up and writhe and crawl like live things under the white skin.
He lay panting on his side, a dozen feet away, unable to crawl to her.
Vast, vast -- an endless wilderness of sand; A stream crawls through its tawny banks; the hills Encompass it; where in the dismal dusk Moan the last sighs of sunset.
A fellow has now no chance of promotion unless he jumps into the muzzle of a gun and crawls out of the touch-hole.
If it is summer time, it crawls about the yard, in the garden, plucks up the grass between the paving-stones, gazes innocently at the big dogs, the big horses, without fear, plays with the shells, with the flowers, and makes the gardener grumble because he finds sand in the flower-beds and earth in the paths.