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ETF Watch: SPDR Trust

November 12, 2009 (FinancialWire) — The SPDR Trust ETF was one of the top three stocks among yesterday’s combined NYSE, NASDAQ and AMEX 25 most actives, trading 33,767,712 shares and closing at $110.15 (up 0.5%)

The SPDR Trust ETF seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks. It is comprised of undivided ownership interests called SPDRs. The fund issues and redeems SPDRs only in multiples of 50,000 SPDRs in exchange for S&P 500 Index stocks and cash.

Additional information about yesterday’s NYSE/NASDAQ/AMEX market activity is available via today’s “FirstAlert(tm) Money Index Synopsis” (http://www.financialwire.net/2009/11/12/firstalert-money-index-synopsis-7), which is an indicator of the depth of market direction or indirection. While not always including the same stocks, the NYSE/NASDAQ/AMEX 25 most actives and NYSE/NASDAQ/AMEX greatest percentage losers and greatest percentage winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market.

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