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SPDR S&P 500 Trust SPY ETF Investors Turn to Cheaper SPLG

STOCKS RF

Photographer: Witthaya Prasongsin/Moment/Getty Images

Drawn to cheaper alternatives, a cohort of Wall Street investors are increasingly eschewing probably the most liquid products on earth.

The worlds largest and famously easy-to-trade ETF — the mighty $387 billion SPDR S&P 500 Trust (ticker SPY) — continues to fall victim to the trend this season as money managers gravitate to its lower-cost clone.

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