Tradr 2X Long SPY Monthly ETF

SPYM

Market cap $1.7M

The S&P 500 see-sawed throughout the week, ultimately snapping the index's three-week win streak with a loss of 1.6%. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating back to 2013.

State Street, which manages roughly $1.7 trillion in ETFs, is planning to offer traditional mutual fund versions of its exchange-traded funds in the retirement plan market, including 401(k) and 403(b) plans. Its ETFs include the oldest and most-traded S&P 500 product, SPY, and the world's biggest gold ETF, GLD, which combined have close to $850 billion in assets, as well as the Select Sector SPDRs.

ETF inflows are already at record annual flows. Todd Rosenbluth, VettaFi head of research, on what's driving the momentum and the trends that are standing out.

State Street Investment Management (SSIM) is home to the lowest-cost S&P 500 ETF — the SPDR Portfolio S&P 500 ETF (SPYM) — and the largest gold ETF, SPDR Gold Shares (GLD). Though these two ETFs have garnered the largest net inflows in October for SSIM, two other previously out-of-favor ETFs have also garnered significant interest.

The S&P 500 finished the month of October on a positive note, ultimately finishing up 2.3% from September. The index posted a weekly gain of 0.7%, its fourth in the past five weeks.

On Tuesday, Tradr ETFs hit the ground running by launching an expansive series of new leveraged ETF products.  Traditionally, most leveraged ETF products reset on a daily basis.

Eight new ETFs mark the advent of "Calendar Reset Leveraged ETFs," trading products designed to overcome the volatility drag dilemma faced by daily reset ETF investors NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today announced the launch of eight leveraged ETFs as part of its new series of "Calendar Reset Leveraged ETFs.