SPDR S&P 500 Marks Two Decades of ETF Growth

The exchange traded fund industry is celebrating 20 years in business. The SPDR S&P 500 ETF (NYSEArca: SPY) is also hitting this milestone, as it was the first ETF to trade. “SPY ended 2012 with $123 billion in assets, including nearly $16 billion in 2012 alone. Over 147 million shares of SPY...