Overview
Description
SPDR S&P Software & Services ETF is an exchange-traded fund that aims to replicate the performance of the S&P Software & Services Select Industry Index. The fund primarily seeks to provide investors with exposure to the broad array of companies operating within the software and services industry segment. This includes firms engaged in software development, information technology services, and infrastructure.
The ETF holds a diverse portfolio encompassing both established industry giants and innovative small-cap players, offering a holistic representation of the software sector's dynamics. It covers critical sub-sectors such as application software, systems software, and IT consulting services, making it relevant to stakeholders observing the technological advancements and digital transformation trends globally.
As part of the SPDR family managed by State Street Global Advisors, this ETF plays a crucial role in the financial markets by offering convenient access to a collection of seasoned and prospective technology companies. It provides investors with a strategic way to understand and benefit from the growth trajectories of the software and services sector, an area known for its rapid innovation and pivotal role in the modern economy.
About
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Website
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Instrument type
ETF
Country
United States
MIC code
ARCX