The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.
Basic Details
Issuer SSgA
Fund NameFinancial Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLF
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Melissa Kapitulik
WebN/A
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkS&P Financial Select Sector TR USD
CategorySector
FocusFinancials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$31.71 billion
Average Daily Volume$82.73 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
Financial Select Sector SPDR Fund (NYSEARCA:XLF) Frequently Asked Questions
What is Financial Select Sector SPDR Fund's stock symbol?
Financial Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLF."
How often does Financial Select Sector SPDR Fund pay dividends? What is the dividend yield for Financial Select Sector SPDR Fund?
Financial Select Sector SPDR Fund announced a quarterly dividend on Friday, September 21st. Investors of record on Monday, September 24th will be given a dividend of $0.1275 per share on Wednesday, September 26th. This represents a $0.51 annualized dividend and a yield of 1.92%. The ex-dividend date is Friday, September 21st. This is a positive change from Financial Select Sector SPDR Fund's previous quarterly dividend of $0.12. View Financial Select Sector SPDR Fund's Dividend History.
Has Financial Select Sector SPDR Fund been receiving favorable news coverage?
News stories about XLF stock have been trending negative recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Financial Select Sector SPDR Fund earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned headlines about the exchange traded fund a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the next several days.
Are investors shorting Financial Select Sector SPDR Fund?
Financial Select Sector SPDR Fund saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 59,984,918 shares, an increase of 1.1% from the October 15th total of 60,638,567 shares. Based on an average trading volume of 85,209,915 shares, the days-to-cover ratio is currently 0.7 days. View Financial Select Sector SPDR Fund's Current Options Chain.
Who are Financial Select Sector SPDR Fund's major shareholders?
Financial Select Sector SPDR Fund's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (1.76%), JPMorgan Chase & Co. (1.45%), Forsta AP Fonden (0.62%), CHURCHILL MANAGEMENT Corp (0.50%), Psagot Investment House Ltd. (0.00%) and AGF Investments Inc. (0.24%).
Which major investors are selling Financial Select Sector SPDR Fund stock?
XLF stock was sold by a variety of institutional investors in the last quarter, including Ontario Teachers Pension Plan Board, Toronto Dominion Bank, FMR LLC, Forsta AP Fonden, CIBC World Markets Inc., Migdal Insurance & Financial Holdings Ltd., Cornerstone Wealth Management LLC and Aviance Capital Management LLC.
Which major investors are buying Financial Select Sector SPDR Fund stock?
XLF stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Calamos Advisors LLC, AGF Investments Inc., SG Americas Securities LLC, Private Advisor Group LLC, CHURCHILL MANAGEMENT Corp, Mizuho Trust & Banking Co. Ltd. and PFS Investments Inc..
How do I buy shares of Financial Select Sector SPDR Fund?
Shares of XLF 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 Financial Select Sector SPDR Fund's stock price today?
One share of XLF stock can currently be purchased for approximately $26.58.
MarketBeat Community Rating for Financial Select Sector SPDR Fund (NYSEARCA XLF)
MarketBeat's community ratings are surveys of what our community members think about Financial Select Sector SPDR Fund and other stocks. Vote "Outperform" if you believe XLF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLF will underperform the S&P 500 over the long term. You may vote once every thirty days.
