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SPDR MFS Systematic Core Equity ETF (SYE)

AMEX Financial Services Asset Management
$104.26 ▲ +0.17%
Market Cap
$17.2M
Sector
Financial Services
Industry
Asset Management
Beta
1.03
52-Wk Range
72.79-104.63
CEO
Country
US
Currency
USD

SPDR MFS Systematic Core Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $104.26, up 0.17% on the session, giving a market capitalisation of $17.2M. Its beta of 1.03 implies it has historically moved more than the broad market.

Company profile
Exchange
New York Stock Exchange Arca
Employees
IPO date
2014-01-08
Headquarters
Boston, MA, US
About SPDR MFS Systematic Core Equity ETF

The fund's primary objective is to achieve long-term capital growth. Typically, it commits at least 80% of its net assets (supplemented by any borrowed capital utilized for investment purposes) to equity-based holdings. These equity investments encompass a range of instruments, including common shares, preferred shares, and securities that are convertible into stock. The Sub-Adviser guides the selection and transaction of these investments using a bottom-up methodology.

Comparable companies

SPDR MFS Systematic Core Equity ETF is most often compared with the following Financial Services names:

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