SPIN 31.77 Stock Price SPDR® SSGA US Equity Premium Income ETF
Range: | 29.5225-31.81 | Vol Avg: | 418 | Last Div: | 0.43 | Changes: | -0.01 |
Beta: | 0.98 | Cap: | 0.00B | Currency: | USD | Exchange: | CBOE |
Sector: | Financial Services | IPO: | Thu Sep 05 2024 | Empoloyees: | |
CUSIP: | 78470P838 | CIK: | | ISIN: | US78470P8389 | Country: | US |
CEO: | Yie-Hsin Hung | Website: | https://www.ssga.com |
The SPDR® SSGA US Equity Premium Income ETF employs an actively managed strategy that is designed to provide current income while maintaining the potential for long-term growth. The fund invests in a portfolio of large- and mid-cap US stocks that the investment advisor believes exhibit desirable characteristics such as strong fundamentals, attractive valuations, and long-term growth prospects, while dynamically selling call options on a US large-cap exposure, such as the S&P 500® Index, to generate additional monthly income.
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