SPDR S&P 500 Buyback ETF
SPYB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Feb 4, 2015
- CIK
- 0001064642
- Similar Companies
- Business
- SPDR S&P 500 Buyback ETF (SPYB) is an exchange-traded fund that seeks to track the performance of the S&P 500 Buyback Index, focusing on large-cap U.S. companies with the highest share buyback ratios over the trailing 12 months; it invests in growth and value stocks across diversified sectors using a representative sampling technique. The ETF holds approximately 100 stocks selected from the S&P 500 based on the cash value of actual buybacks to capture shareholder value from repurchases. Launched on February 4, 2015 by State Street Global Advisors and domiciled in the United States with headquarters in Boston, Massachusetts, SPYB primarily targets investors seeking exposure to buyback-driven equity strategies in the U.S. large-cap market. In a major strategic change, State Street Global Advisors announced the closure and liquidation of SPYB on May 21, 2020, as part of an ongoing review of its SPDR ETF lineup; trading was suspended on NYSE Arca at the market open on June 1, 2020, with final creations ceasing on May 29, 2020, and liquidation proceeds distributed to shareholders on or about June 8, 2020. This decision eliminated the fund's operations, rendering it delisted and no longer active for trading or investment. Prior to liquidation, SPYB provided quarterly dividends and had demonstrated performance tracking the buyback index, with annual returns such as 31.90% in 2019 and 15.30% in 2016.