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TheStreet Open House

State Street Global Advisors Announces Index Changes

State Street Global Advisors (SSgA), the asset management business of State Street Corporation (NYSE: STT), announced changes to the indexes, names and tickers of three US equity SPDR ETFs. The following changes are effective July 9, 2013:

Former ETF Name (former ticker)

    Former Index    

New ETF Name (new ticker)

    New ETF Index     Management Fee

SPDR Dow JonesTotal Market ETF(TMW)

Dow Jones USTotal Stock MarketIndex

SPDR Russell 3000ETF (THRK)

Russell 3000 Index 10 bps

SPDR Dow JonesLarge Cap ETF(ELR)

Dow Jones USLarge Cap TotalStock Market Index

SPDR Russell 1000ETF (ONEK)

Russell 1000 Index 10 bps

SPDR Dow JonesMid Cap ETF(EMM)

Dow Jones US MidCap Total StockMarket Index

SPDR RussellSmall CapCompleteness ETF(RSCO)

Russell Small CapCompletenessIndex

10 bps
 

The three SPDR ETFs will seek to track Russell Indexes that provide comprehensive coverage of each underlying market segment. Russell captures 72 percent of the market share for all US institutional equity products reporting a benchmark.

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