Tag: asset management industry

What Does Aum Mean In Stocks

What Does Aum Mean In Stocks? In Hinduism, Aum is the most sacred mantra, and is chanted at the beginning and end of all prayers. It is also called the Pranava Mantra, meaning the “mantra of the breath”. Aum is said to be the sound, or vibration, of the universe. It is said to be […]

What Is An Aum Etf

An AUM ETF is an Exchange Traded Fund that invests in a basket of assets that includes equities, commodities, and fixed income securities. The acronym AUM stands for assets under management. The first AUM ETF was launched in 2003 by Invesco. It is designed to track the performance of the Morgan Stanley Capital International (MSCI) […]

How Is The State Street Spdr Etf Doing

The SPDR S&P 500 ETF (NYSEARCA:SPY) is one of the most popular exchange-traded funds (ETFs) in the world. It seeks to track the performance of the S&P 500 Index, which is made up of 500 of the largest U.S. companies. State Street Global Advisors (SSgA), the issuer of the SPY ETF, is one of the […]