State Street Swaps Names And Indexes On Four ETFs

State Street Global Advisors today announced index changes to four of its SPDR Portfolio ETFs.

The changes, which are effective as of January 24, are as follows (tickers remain unchanged):

• SPDR Portfolio Mid Cap ETF and S&P 1000 Index changed to SPDR Portfolio S&P 400 Mid Cap ETF and S&P MidCap 400 Index. The ticker is SPMD and the expense ratio is 0.05%.

• SPDR Portfolio Small Cap ETF and SSGA Small Cap Index changed to SPDR Portfolio S&P 600 Small Cap ETF and S&P SmallCap 600 Index. The ticker is SPSM and the expense ratio is 0.05%.

• SPDR Portfolio Total Stock Market ETF and SSGA Total Stock Market Index changed to SPDR Portfolio S&P 1500 Composite Stock Market ETF and S&P Composite 1500 Index. The ticker is SPTM and the expense ratio is 0.03%.

• SPDR Portfolio Large Cap ETF and SSGA Large Cap Index changed to SPDR Portfolio S&P 500 ETF and S&P 500 Index. The ticker is SPLG and the expense ratio is 0.03%.

The index switch means that the $3.6 billion SPLG fund now shares the same underlying index as the SPDR S&P 500 ETF (SPY), by far the largest ETF in the land with assets north of $311 billion. That fund has an expense ratio of 0.09%.