Make like a mole

This crossword clue is for the definition: Make like a mole.
it’s A 16 letters crossword puzzle definition.
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Possible Answers: SPY.

Last seen on: LA Times Crossword 20 Jun 19, Thursday


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Random information on the term “SPY”:

The SPDR S&P 500 trust is an exchange-traded fund which trades on the NYSE Arca under the symbol (NYSE Arca: SPY). SPDR is an acronym for the Standard & Poor’s Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index. This fund is the largest ETF in the world. SPDR is a trademark of Standard and Poor’s Financial Services LLC, a subsidiary of S&P Global. The ETF’s CUSIP is 78462F103. The fund has a Net Expense Ratio of 0.0945%. The value of one share of the ETF is worth approximately 1/10 of the cash S&P 500’s current level. On April 9, 2013 the average daily volume was 117 million shares, the highest volume in any ETF. The sponsor is SPDR Services LLC, a wholly owned subsidiary of American Stock Exchange LLC. Dividends are distributed quarterly, and are based on the accumulated stock dividends held in trust, less any expenses of the trust.

The Standard & Poor’s Depositary Receipts were launched by Boston asset manager State Street Global Advisors (SSgA) on January 22, 1993 as the first exchange-traded fund in the United States (preceded by the short-lived Index Participation Shares that launched in 1989); and are part of the SPDRs ETF chain. Designed and developed by American Stock Exchange executives Nathan Most and Steven Bloom, the fund first traded on that market, but has since been listed elsewhere, including the New York Stock Exchange (NYSE Arca: SPY).

SPY on Wikipedia