NYSEARCA:XLB - Materials Select Sector SPDR Fund Stock Price, News, & Analysis

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$54.01 -0.16 (-0.30 %)
(As of 11/14/2018 08:00 AM ET)
Previous Close$54.17
Today's Range$53.93 - $54.87
52-Week Range$50.09 - $64.17
Volume10.56 million shs
Average Volume6.95 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield2.00%
BetaN/A
Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Materials Select Sector Index (the Index). The Index includes companies involved in such industries as chemicals; metals and mining; paper and forest products; containers and packaging, and construction materials. The Fund's investment advisor is SSgA Funds Management, Inc.

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Basic Details

Issuer SSgA
Fund NameMaterials Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLB
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Ted Janowsky
Phone+1-866-7872257

Fund Focus

Asset ClassEquity
BenchmarkS&P Materials Select Sector TR USD
CategorySector
FocusBasic Materials
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$4.59 billion
Average Daily Volume$12.10 million
Discount/Premium-2.83%

ETF Expenses

Management Fee0.03%
Other Expenses0.10%
Total Expenses0.13%
Fee Waiver0.00%
Net Expenses0.13%

Administrator, Advisor and Custodian

AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Portfolio Solutions Distributor, Inc.
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial

Geographic Exposure of Materials Select Sector SPDR Fund (NYSEARCA:XLB)
Currency Exposure of Materials Select Sector SPDR Fund (NYSEARCA:XLB)
Sector Exposure of Materials Select Sector SPDR Fund (NYSEARCA:XLB)
Industry Exposure of Materials Select Sector SPDR Fund (NYSEARCA:XLB)

Materials Select Sector SPDR Fund (NYSEARCA:XLB) Frequently Asked Questions

What is Materials Select Sector SPDR Fund's stock symbol?

Materials Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLB."

How often does Materials Select Sector SPDR Fund pay dividends? What is the dividend yield for Materials Select Sector SPDR Fund?

Materials Select Sector SPDR Fund declared a quarterly dividend on Friday, September 21st. Investors of record on Monday, September 24th will be given a dividend of $0.2888 per share on Wednesday, September 26th. This represents a $1.16 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Friday, September 21st. This is an increase from Materials Select Sector SPDR Fund's previous quarterly dividend of $0.28. View Materials Select Sector SPDR Fund's Dividend History.

Has Materials Select Sector SPDR Fund been receiving favorable news coverage?

News headlines about XLB stock have trended negative on Wednesday, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Materials Select Sector SPDR Fund earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the exchange traded fund a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

Are investors shorting Materials Select Sector SPDR Fund?

Materials Select Sector SPDR Fund saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 22,343,234 shares, an increase of 46.0% from the October 15th total of 15,301,730 shares. Based on an average trading volume of 14,584,312 shares, the days-to-cover ratio is currently 1.5 days. View Materials Select Sector SPDR Fund's Current Options Chain.

Who are Materials Select Sector SPDR Fund's key executives?

Materials Select Sector SPDR Fund's management team includes the folowing people:
  • Michael Feehily, Member of the Management Board
  • John A. Tucker, Member of the Management Board (Age 1)

Who are Materials Select Sector SPDR Fund's major shareholders?

Materials Select Sector SPDR Fund's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (2.19%), BlackRock Inc. (1.10%), JPMorgan Chase & Co. (0.85%), JPMorgan Chase & Co. (0.82%), AGF Investments Inc. (0.81%) and First Republic Investment Management Inc. (0.59%).

Which major investors are selling Materials Select Sector SPDR Fund stock?

XLB stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Bank of Montreal Can, Dow Chemical Co. DE, Biltmore Wealth Management LLC, Clarus Wealth Advisors, United Asset Strategies Inc., Migdal Insurance & Financial Holdings Ltd. and Bangor Savings Bank.

Which major investors are buying Materials Select Sector SPDR Fund stock?

XLB stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., First Republic Investment Management Inc., BlackRock Inc., AGF Investments Inc., Sowell Financial Services LLC, Beaumont Financial Partners LLC and Commonwealth Equity Services LLC.

How do I buy shares of Materials Select Sector SPDR Fund?

Shares of XLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Materials Select Sector SPDR Fund's stock price today?

One share of XLB stock can currently be purchased for approximately $54.01.

What is Materials Select Sector SPDR Fund's official website?

The official website for Materials Select Sector SPDR Fund is http://www.sectorspdr.com/.

How can I contact Materials Select Sector SPDR Fund?

Materials Select Sector SPDR Fund's mailing address is One Lincoln Street, BOSTON, MA 02211, United States. The exchange traded fund can be reached via phone at +1-866-7872257.


MarketBeat Community Rating for Materials Select Sector SPDR Fund (NYSEARCA XLB)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  149
MarketBeat's community ratings are surveys of what our community members think about Materials Select Sector SPDR Fund and other stocks. Vote "Outperform" if you believe XLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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