S&P 500’s Race Above 2,000 Lifts Cash for its ETFs

The S&P 500, the benchmark U.S. equity index, closed above 2,000 for the first time on Tuesday, about 16 and a half years after it first touched 1,000. With Tuesday’s gain of 0.1%, the S&P 500 is up 1.1% over the past month, not a jaw-dropping performance but one that has been enough to...