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.
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$4.96 billion
Average Daily Volume$5.93 million
Discount/Premium-0.59%
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
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, June 15th. Investors of record on Monday, June 18th will be given a dividend of $0.2798 per share on Wednesday, June 20th. This represents a $1.12 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Friday, June 15th. This is a positive change from Materials Select Sector SPDR Fund's previous quarterly dividend of $0.23. View Materials Select Sector SPDR Fund's Dividend History.
What is the consensus analysts' recommendation for Materials Select Sector SPDR Fund?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Materials Select Sector SPDR Fund in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
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)
Has Materials Select Sector SPDR Fund been receiving favorable news coverage?
Media coverage about XLB stock has been trending somewhat negative on Sunday, according to Accern Sentiment. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Materials Select Sector SPDR Fund earned a coverage optimism score of -0.04 on Accern's scale. They also assigned media headlines about the exchange traded fund an impact score of 43.63 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Materials Select Sector SPDR Fund's major shareholders?
Materials Select Sector SPDR Fund's stock is owned by a number of of retail and institutional investors. Top institutional investors include CHURCHILL MANAGEMENT Corp (1.57%), Conservest Capital Advisors Inc. (0.51%), Bank of Montreal Can (0.24%), Cornerstone Wealth Management LLC (0.11%), Chemung Canal Trust Co. (0.10%) and Biltmore Wealth Management LLC (0.10%). View Institutional Ownership Trends for Materials Select Sector SPDR Fund.
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 Rockland Trust Co., Bank of Montreal Can, Cumberland Advisors Inc., Conservest Capital Advisors Inc., Atria Investments LLC, Chemung Canal Trust Co., Benjamin F. Edwards & Company Inc. and Trust Co. of Oklahoma. View Insider Buying and Selling for Materials Select Sector SPDR Fund.
Which major investors are buying Materials Select Sector SPDR Fund stock?
XLB stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, CHURCHILL MANAGEMENT Corp, CX Institutional, CMH Wealth Management LLC, Mycio Wealth Partners LLC, Stillwater Capital Advisors LLC, GWM Advisors LLC and St. Johns Investment Management Company LLC. View Insider Buying and Selling for Materials Select Sector SPDR Fund.
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 $58.29.
How big of a company is Materials Select Sector SPDR Fund?
Materials Select Sector SPDR Fund has a market capitalization of $5.02 billion.
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)
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.
