SPYB 26.54 SPDR S&P 500 Buyback ETF
| Range: | 23.12-26.74 | Vol Avg: | 1689 | Last Div: | 0 | Changes: | 0.17 |
| Beta: | 1.26 | Cap: | 0.00B | Currency: | USD | Exchange: | AMEX |
| Sector: | IPO: | Wed Feb 04 2015 | Empoloyees: | ||||
| CUSIP: | CIK: | 0001064642 | ISIN: | Country: | |||
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Buyback Index that tracks the performance of publicly traded issuers that have a high buyback ratio.
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index provides exposure to the 100 constituent companies in the S&P 500® with the highest buyback ratio in the last 12 months. It is non-diversified.
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