SSgA Active Trust (SPY)

Source: Benzinga

The SPDR S&P 500 ETF Trust (NYSE: SPY ) has generated a 78.1% total return since the stock market bottomed on March 23, 2020. Investors who bought the dip are now sitting on some big gains, and the one-year anniversary of the shortest bear market in history could generate some selling pressure in the market in the coming weeks. Capital Gains Tax Rules: Profits from stock trading are taxes differently depending on how long the positions were held. Capital gains from a stock that is held for less than a year before it is sold are considered ordinary income and are taxed accordingly. Therefore, an investor’s short-term capital gains tax rate depends on his or her tax bracket. For the 2020 tax year, the short-term capital gains tax rates for single filers are included in the table below. Full story available on Benzinga.com

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Source: Benzinga

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY ) total return over the last 12 months is 74.3%. But there is no question some investments performed better than others along the way. Bitcoin’s Big Run: As strong as the stock market has been since it bottomed on March 23, 2020, Bitcoin (CRYPTO:BTC) has been much stronger. After a wild ride that took Bitcoin prices near $20,000 in late 2017, the previous Bitcoin bubble burst in 2018 and the cryptocurrency finished the year down 72.6%. Bitcoin came back to life in 2019, however, finishing the year up 87.2% and priced at around $7,200. Several factors led to a surge in Bitcoin buying in 2020. First, investors concerned about the potential long-term damage that trillions of dollars in federal stimulus could do to the value of the … Full story available on Benzinga.com

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Source: Benzinga

Investors who have owned high-flying tech companies, stay-at-home plays and Reddit “meme” stocks have made a killing in the market in the past year. But you didn’t have to be a stock-picking genius to generate some historically good returns since March 23, 2020. Even investors who took a conservative, diversified approach to the market and timed the 2020 pandemic bottom last March have made a tremendous return on their investment at this point. Related Link: If You Invested $1,000 In Ford Stock One Year Ago, Here’s How Much You’d Have Now In 2019, the SPDR S&P 500 ETF Trust (NYSE: SPY ) generated an extremely strong 31.2% total return. In fact, the index fund had an extremely impressive decade in the … Full story available on Benzinga.com

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Source: Business Wire

WHEATON, Ill.–(BUSINESS WIRE)–First Trust Advisors L.P. (“First Trust”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has expanded its suite of Target Outcome ETFs® with Buffer Strategies based on Invesco QQQ TrustSM Series 1 (“QQQ”) and iShares MSCI EAFE ETF (“EFA”), as well as Buffer and Deep Buffer Strategies based on SPDR® S&P 500® ETF Trust (“SPY”). The funds are actively managed ETFs that are designed to help investors maintain a level of

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Source: Benzinga

The SPDR S&P 500 (NYSE: SPY) recovered from early losses on Friday and traded higher by 0.2% after the Wall Street Journal published an op-ed by Federal …

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Source: Benzinga

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the …

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Source: Benzinga

The SPDR S&P 500 ETF Trust (NASDAQ: SPY ) traded as low as $390.86 Thursday before ending the day down by 1.45% at $391.48. The 10-year Treasury yield reached its highest mark since January 2020 at 1.75%, weighing on growth names in SPY. Here are the day’s winners and losers from the SPY, according to data from Benzinga Pro . The leaders for SPY Thursday were from the financial sector: Hartford Financial Services Group Inc (NYSE: HIG ), Lincoln National Corporation (NYSE: LNC ) and Citizens Financial Group Inc (NYSE: CFG ). Shares of several banks were also trading higher … Full story available on Benzinga.com

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Source: Benzinga

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the …

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Source: Benzinga

This was a week of big news for the cannabis industry. Curaleaf Holdings Inc. (OTCQX: CURLF ) agreed to acquire one of Europe’s largest cannabis companies, EMMAC Life Sciences , for approximately $286 million in cash and stock. The transaction, which is expected to close during the second quarter of 2021, makes Curaleaf one of the first U.S. multi-state operators to expand in Europe. Silver Spike Acquisition Corp II (NASDAQ: SPKBU ) made its debut on the Nasdaq Capital Market, disclosing the pricing of its initial public offering of some 25 million of its units at $10 per unit. In addition, tobacco giant British American Tobacco PLC (NYSE: BTI ) opted to invest CA$221 million ($175.7 million) in OrganiGram Holdings Inc (NASDAQ: OGI ). It now owns a 19.9% equity interest in an OrganiGram subsidiary. The goal is to establish a “Center of Excellence” dedicated to the development of cannabis products, with a focus on CBD. “The most meaningful news this week was the $175 million investment into Organigram by British American Tobacco.

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Source: Benzinga

Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY ) total return in the past five years is 114.9%. But there is no question some big-name stocks performed better than others along the way. Adobe’s Big Run: One company that has been a great investment in the past five years is Adobe Inc (NASDAQ: ADBE ). Adobe has spent the past five years building a dominant market position in the high-growth field of creative software. Key products include Photoshop, Illustrator and InDesign. In addition, it has generated impressive cash flow from its high-margin software business that it has used to … Full story available on Benzinga.com

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