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$4.62 billion
Average Daily Volume$6.34 million
Discount/Premium1.34%
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, December 21st. Shareholders of record on Monday, December 24th will be given a dividend of $0.3186 per share on Thursday, December 27th. This represents a $1.27 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Friday, December 21st. This is an increase from Materials Select Sector SPDR Fund's previous quarterly dividend of $0.29. View Materials Select Sector SPDR Fund's Dividend History.
Has Materials Select Sector SPDR Fund been receiving favorable news coverage?
News coverage about XLB stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Materials Select Sector SPDR Fund earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the exchange traded fund a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.
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 retail and institutional investors. Top institutional shareholders include Swan Global Investments LLC (7.77%), Prudential PLC (5.31%), Employees Retirement System of Texas (1.35%), BlackRock Inc. (1.12%), AGF Investments Inc. (0.76%) and Two Sigma Investments LP (0.68%).
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 Swan Global Investments LLC, Thrivent Financial for Lutherans, Clarus Wealth Advisors, Dupont Capital Management Corp, Employees Retirement System of Texas, Raymond James & Associates, CX Institutional and Welch Capital Partners LLC NY.
Which major investors are buying Materials Select Sector SPDR Fund stock?
XLB stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, SG Americas Securities LLC, Two Sigma Investments LP, Tibra Equities Europe Ltd, Country Trust Bank, Mackenzie Financial Corp, Schafer Cullen Capital Management Inc and Simplex Trading 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 $54.82.
How big of a company is Materials Select Sector SPDR Fund?
Materials Select Sector SPDR Fund has a market capitalization of $4.34 billion.
What is Materials Select Sector SPDR Fund's official website?
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.
