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Should you buy the SPDR S&P 500 ETF Trust (spy)?

The SPDR S&P 500 ETF Trust is up 0.62% in the past 5 days and has risen about 25% over the past year. According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $591.68 implies an upside of more than 12%.

How is spy stock faring?

The SPDR S&P 500 ETF Trust is up 0.62% in the past 5 days and has risen about 25% over the past year. According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy.

Is Nvidia the second-largest stock in the S&P 500 ETF Trust?

While still trailing Apple, Inc. (NASDAQ:AAPL) in market cap, Nvidia emerged on Tuesday as the second-largest holding in the SPDR S&P 500 ETF Trust (NYSE:SPY), a key exchange-traded fund mirroring the S&P 500.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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