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$29.89 billion
Average Daily Volume$74.51 million
Discount/Premium2.77%
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, December 21st. Stockholders of record on Monday, December 24th will be paid a dividend of $0.145 per share on Thursday, December 27th. This represents a $0.58 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Friday, December 21st. This is a boost from Financial Select Sector SPDR Fund's previous quarterly dividend of $0.13. View Financial Select Sector SPDR Fund's Dividend History.
Has Financial Select Sector SPDR Fund been receiving favorable news coverage?
Headlines about XLF stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Financial Select Sector SPDR Fund earned a news impact score of 0.7 on InfoTrie's scale. They also assigned news headlines about the exchange traded fund a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Are investors shorting Financial Select Sector SPDR Fund?
Financial Select Sector SPDR Fund saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 97,321,723 shares, an increase of 20.5% from the December 14th total of 80,778,054 shares. Based on an average daily volume of 95,755,033 shares, the short-interest ratio is presently 1.0 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 Astor Investment Management LLC (0.08%), Simplex Trading LLC (0.08%), Chesley Taft & Associates LLC (0.05%), Patriot Wealth Management Inc. (0.05%), Stillwater Investment Management LLC (0.03%) and 6 Meridian (0.03%).
Which institutional investors are selling Financial Select Sector SPDR Fund stock?
XLF stock was sold by a variety of institutional investors in the last quarter, including Biltmore Wealth Management LLC, Astor Investment Management LLC, North Star Investment Management Corp., CMH Wealth Management LLC, Intl Fcstone Inc., Burns J W & Co. Inc. NY, Carroll Financial Associates Inc. and Meeder Asset Management Inc..
Which institutional investors are buying Financial Select Sector SPDR Fund stock?
XLF stock was bought by a variety of institutional investors in the last quarter, including Patriot Wealth Management Inc., Simplex Trading LLC, 6 Meridian, Ferguson Wellman Capital Management Inc., Palisade Asset Management LLC, Beacon Financial Group, CX Institutional and Steward Partners Investment Advisory LLC.
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 $25.56.
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.
