SPDR S&P 500 ETF Trust (SPY) holds 503 stocks in its basket, with each accounting for no more than 7% of the assets. This suggests a nice balance across each security and prevents heavy concentration. The fund is widely spread across sectors with information technology, financials, healthcare and consumer discretionary accounting for a double-digit allocation each.
While many stocks in the ETF saw dismal performances, some have shown strong resilience, surging more than 20%. Here, we have highlighted the 10 best-performing stocks in the ETF of the last quarter.
This post originally appeared at Zacks.