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 ?
The Spyker Spyder will be included in Aston Barclay's regular Wednesday sale next week in Chelmsford, Essex.
A FINE EXAMPLE J The Spyker Spyder being sold by Aston Barclay
The $62,150 Spyder is a new version of the popular $58,950 Boxster S roadster,.
Weighing just 1,275 kg or 2,811 lb, the Boxster Spyder is the lightest model throughout the entire range of Porsche cars.
The GT model costs pounds 65,750 on the road and the Spyder Cambiocorsa is pounds 68,750.
For this years festival, MappScreen used Christie equipment for the first time with the performing VJs connected to the Spyder X80, sending a 4K signal by both HDMI and DisplayPort.
The first right-hand drive Spyder was rushed direct from the production line in Modena, Italy, to be at the final weekend of the show.
Pioneering innovation and technology in the ski and performance categories, Spyder is a highly sought-after brand on and off the mountain.
Today Christie, an acknowledged leader in multi-window processing, introduced an all new processor in the Spyder lineup with the Christie Spyder X80.
Prismview is a big player in the arena of pro sports and live events, and we have put Spyder in a lot of venues, says Steve Sluder, system integration manager, Prismview.
In contrast, with this Boxster Spyder, all these items are merely borrowed from a more standard 911 Carrera S model.
The Boxster Spyder may be the lightest model in its current generation but costs around PS8,000 more than the fantastic GTS variant.