|Bid||31.48 x 2900|
|Ask||31.69 x 3000|
|Day's Range||31.59 - 31.86|
|52 Week Range||25.44 - 32.04|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.01|
|Expense Ratio (net)||0.04%|
Several months ago, State Street Corporation's (STT) State Street Global Advisors (SSgA), the third largest U.S. issuer of exchange-traded funds (ETFs), made its presence felt in the ongoing ETF fee battle in significant fashion. The SPDR Portfolio ETFs, which SSgA debuted in October, are a suite of 15 previously existing SPDR ETFs that now carry ultra-low fees.
As the ETF industry grows and matures, investors are gravitating toward specific areas of interest and targeted investment strategies. “I think what we are already seeing – costs matter. We continue to see that,” Susan Thompson, Head of SPDR Americans Distribution for State Street Global Investors, said at Inside ETFs.
There has been plenty of speculation regarding when value stocks will finally start outperforming growth names in earnest. Much of that chatter is attributable to growth’s lengthy out-performance of value. ...
ETF Trends Publisher Tom Lydon wrote a piece for Fox Business identifying the opportunities abound for investors in 2019 after what’s been a stormy 2018 fraught with market challenges, such as trade wars, ...
This year has been a stark contrast to the steady bull market we enjoyed in 2017 as 2018 was marked by bouts of volatility, forcing ETF investors to adapt to the changing conditions. For example, growth ...
Value ETFs seek to capitalize on inefficiencies in the market and have the potential to deliver higher returns with lower volatility.
As has been widely documented, the value factor and the corresponding exchange traded funds continue trailing more growth-oriented factor strategies, but there are signs the tide is starting to turn in favor of value. Over the past 90 days, a volatile period for U.S. stocks, the SPDR Portfolio S&P 500 Value ETF (SPYV) has been 70 basis points less bad than the S&P 500. “If nothing changes, 2018 would mark the sixth year of underperformance in the last decade,” said State Street in a recent note.
As chances of a Fed rate hike in December are pretty high and can cause some turmoil in the markets, these ETF areas could provide cushion to investors.
In trying to keep up with an evolving ETF industry, ETF providers have also had to adapt and come out with new ways to stay competitive, which have all ended up benefiting investors. For example, State ...
Value investing has long been associated with excess rates of return. Generally speaking, a value-oriented approach involves buying stocks that are cheap according to some measure of intrinsic value in hopes that they will one day appreciate to their fair value. Patience is a requirement, and the past decade has tested the strongest advocates of value investing.