Information
PDR Services LLC, a wholly-owned subsidiary of Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced a change to three SPDR exchange-traded fund names as reflected
Original sourceAI Summary
PDR Services, a subsidiary of ICE, announced ETF name changes. The changes include SPDR S&P 500 ETF to State Street SPDR S&P 500 ETF. Similar name changes apply to SPDR Dow Jones and SPDR S&P Midcap ETFs. The changes are effective in early 2026. ICE continues to manage major financial technology and data services.
Sentiment Rationale
While the name change updates may streamline branding, they are unlikely to impact ICE's financial performance directly, as historical examples show similar changes have minimal impact on stock prices.
Trading Thesis
Immediate response from the market may occur due to ETF tracking updates, though their long-term significance appears limited.
Market-Moving
- PDR Services, a subsidiary of ICE, announced ETF name changes.
- The changes include SPDR S&P 500 ETF to State Street SPDR S&P 500 ETF.
- Similar name changes apply to SPDR Dow Jones and SPDR S&P Midcap ETFs.
Key Facts
- PDR Services, a subsidiary of ICE, announced ETF name changes.
- The changes include SPDR S&P 500 ETF to State Street SPDR S&P 500 ETF.
- Similar name changes apply to SPDR Dow Jones and SPDR S&P Midcap ETFs.
- The changes are effective in early 2026.
- ICE continues to manage major financial technology and data services.
Companies Mentioned
- SPY (SPY)
- DIA (DIA)
- MDY (MDY)
Corporate Developments
The ETF rebranding reflects ICE's growth in fund management but does not indicate substantial new revenues or risks.
PDR Services LLC, a wholly-owned subsidiary of Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced a change to three SPDR exchange-traded fund names as reflected below.
Current Name |
New Name |
Ticker |
Effective Date |
SPDR® S&P 500® ETF Trust |
State Street® SPDR® S&P 500® ETF Trust |
SPY |
1/26/2026 |
SPDR® Dow Jones® Industrial Average™ ETF Trust |
State Street® SPDR® Dow Jones Industrial Average™ ETF Trust |
DIA |
2/24/2026 |
SPDR® S&P MIDCAP 400® ETF Trust |
State Street® SPDR® S&P MIDCAP 400® ETF Trust |
MDY |
1/28/2026 |
About PDR Services LLC and Intercontinental Exchange
PDR Services LLC is the Sponsor of SPDR® S&P 500® ETF Trust, SPDR® Dow Jones® Industrial Average™ ETF Trust and SPDR® S&P MIDCAP 400® ETF Trust.
Intercontinental Exchange, Inc. (NYSE:ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE's futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world's largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 6, 2025.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260113497313/en/
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