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SPY ETF Question


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SPY ETF Question

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blackgrey45's Avatar
 blackgrey45 
Marco Island, FL
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Do the creators of the SPY etf intend for the SPY to trade at 1/10th the price of the SP500 index price? Or is this just a coincidence?

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Blackgrey45

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  #2 (permalink)
 sevensa 
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It is intended to be 1/10th.

https://www.sec.gov/answers/spiders.htm

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