SPDR Morgan is selling for 203.84 as of the 28th of November 2024. This is a 1.03% down since the beginning of the trading day. The etf's last reported lowest price was 202.29. SPDR Morgan has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for SPDR Morgan Stanley are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR NYSE is traded on NYSEARCA Exchange in the United States. More on SPDR Morgan Stanley
State Street Global Advisors Funds Distributors, LLC
Portfolio Manager
Michael Feehily, Karl Schneider, Juan Acevedo
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
30-Jun
Exchange
NYSE Arca, Inc.
Number of Constituents
56.0
Market Maker
IMC
Total Expense
0.35
Management Fee
0.35
Country Name
USA
Returns Y T D
25.8
Name
SPDR Morgan Stanley Technology
Currency Code
USD
Open Figi
BBG000C9R1B2
In Threey Volatility
26.71
1y Volatility
19.9
200 Day M A
188.22
50 Day M A
199.91
Code
XNTK
Updated At
26th of November 2024
Currency Name
US Dollar
SPDR Morgan Stanley [XNTK] is traded in USA and was established 2000-09-25. The fund is listed under Technology category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. SPDR Morgan Stanley at this time have 347.94 M in net assets. , while the total return for the last 3 years was 6.7%.
Check SPDR Morgan Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Morgan Stanley Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Morgan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether SPDR Morgan Stanley is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Morgan Stanley Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Morgan Stanley Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Morgan Stanley. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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The market value of SPDR Morgan Stanley is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Morgan's value that differs from its market value or its book value, called intrinsic value, which is SPDR Morgan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Morgan's market value can be influenced by many factors that don't directly affect SPDR Morgan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morgan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.