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Looking at SPDR S&P 500 ETF has been progressing increase
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Royalchem
03 Nov 2019
Project Officer at Security Related
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Kelly Trinh
03 Nov 2019
Backoffice technical at financial services firm
SPY is an index tracking fund so the manager isn't responsible for any of the progressive increases (instead their KPI would be minimising tracking error).
Instead, the change in value is reflective of good performance of US stock market (and underlying that, the US economy in general) and you should buy in if you have the view that it will continue to perform well.
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Can consider tqqq instead. However, you will need access to us market.