SPDR S&P 500 ETF Trust Cert Deposito Arg Repr 0.05 Sh
20,770.00
ARS
+570.00
(+2.82%)
SPDR S&P 500 ETF Trust Cert Deposito Arg Repr 0.05 Sh
BYMA:SPYB
(Buenos Aires Stock Exchange)
Recent
price
20,770.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- SPDR S&P 500 ETF Trust Cert Deposito Arg Repr 0.05 Sh is an Argentine Depositary Receipt (CEDEAR) traded on Bolsas y Mercados Argentinos (BYMA) under the ticker SPY, representing fractional beneficial ownership in the SPDR S&P 500 ETF Trust at a ratio of 20 CEDEARs to one underlying share (0.05 underlying share per certificate). The underlying SPDR S&P 500 ETF Trust was founded in 1993 as a unit investment trust under the laws of New York and is headquartered in Boston, Massachusetts, with State Street Global Advisors serving as investment manager and State Street Bank and Trust Company acting as trustee, while Banco Comafi S.A. serves as the domestic depositary institution in Argentina. The instrument provides institutional and retail investors with targeted investment exposure to the United States large-cap equity market, cross-border equity participation, and foreign exchange hedging capabilities. Core products and services associated with the vehicle include physical full-replication indexing of the S&P 500 Index across eleven primary Global Industry Classification Standard sectors; Information Technology; Financials; Health Care; Consumer Discretionary; Communication Services; Industrials; Consumer Staples; Energy; Utilities; Real Estate; and Materials; pass-through processing and distribution of underlying quarterly cash dividends paid in U.S. dollars; bilateral conversion and arbitrage mechanisms between Argentine depositary certificates and original NYSE Arca shares via Caja de Valores S.A.; and dual-currency trading and settlement execution in Argentine Pesos (ARS) as well as U.S. Dollars (MEP and CCL). Recent major operational developments include the adoption and implementation of standard T+1 trade settlement cycles aligned between Argentine and U.S. financial markets to enhance cross-border liquidity and clearing efficiency; regulatory modernization by the Argentine Comisión Nacional de Valores (CNV) expanding access to global exchange-traded fund CEDEAR programs for local mutual funds and corporate treasuries; enhanced market-maker liquidity schemes on BYMA; and portfolio benchmark reconstitutions alongside historical asset growth as the underlying SPDR S&P 500 ETF Trust expanded past 500 billion dollars in total assets under management.