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$31.92 billion
Average Daily Volume$63.56 million
Discount/Premium-1.08%
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 declared a quarterly dividend on Friday, June 15th. Investors of record on Monday, June 18th will be paid a dividend of $0.119 per share on Wednesday, June 20th. This represents a $0.48 annualized dividend and a yield of 1.74%. The ex-dividend date is Friday, June 15th. This is a boost from Financial Select Sector SPDR Fund's previous quarterly dividend of $0.10. View Financial Select Sector SPDR Fund's Dividend History.
Are investors shorting Financial Select Sector SPDR Fund?
Financial Select Sector SPDR Fund saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 64,875,727 shares, an increase of 8.2% from the May 15th total of 59,978,856 shares. Based on an average daily volume of 52,667,026 shares, the short-interest ratio is presently 1.2 days.
Has Financial Select Sector SPDR Fund been receiving favorable news coverage?
Media headlines about XLF stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Financial Select Sector SPDR Fund earned a coverage optimism score of 0.13 on Accern's scale. They also gave media headlines about the exchange traded fund an impact score of 46.20 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
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 investors include JPMorgan Chase & Co. (1.25%), Clal Insurance Enterprises Holdings Ltd (1.09%), Swan Global Investments LLC (1.05%), LPL Financial LLC (0.80%), Schroder Investment Management Group (0.79%) and Franklin Resources Inc. (0.77%). View Institutional Ownership Trends for Financial Select Sector SPDR Fund.
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 JPMorgan Chase & Co., Banque Pictet & Cie SA, Envestnet Asset Management Inc., AGF Investments Inc., Timber Hill LLC, Mizuho Trust & Banking Co. Ltd., PICTET BANK & TRUST Ltd and Financial Partners Capital Management LLC. View Insider Buying and Selling for Financial Select Sector SPDR Fund.
Which major investors are buying Financial Select Sector SPDR Fund stock?
XLF stock was purchased by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, LPL Financial LLC, Turim 21 Investimentos Ltda., SG Americas Securities LLC, Loomis Sayles & Co. L P, Tibra Equities Europe Ltd, Suntrust Banks Inc. and Biltmore Wealth Management LLC. View Insider Buying and Selling for Financial Select Sector SPDR Fund.
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 $27.42.
How big of a company is Financial Select Sector SPDR Fund?
Financial Select Sector SPDR Fund has a market capitalization of $33.31 billion.
MarketBeat Community Rating for Financial Select Sector SPDR Fund (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.
