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Article: American Stock Exchange Celebrates 10 Years of the MidCap SPDR.
- Article from:
- PR Newswire
- Article date:
- May 4, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MidCap SPDR Assets Surpass $7 billion with Average Daily Volume of 1.5 million shares
NEW YORK, May 4 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) announced today the 10-year anniversary of the popular exchange traded fund, the MidCap SPDR - Standard & Poor's MidCap 400 Depositary Receipts(R) (MidCap "Spider").
Since its launch on the Amex in 1995, the MidCap SPDR has seen assets surpass $7 billion and average trading volume rise to 1.5 million shares.
Neal L. Wolkoff, Amex Chairman and Chief Executive Officer, said, "We are proud of our role in the creation and development of the MidCap SPDR. Product innovation is a hallmark of ...