Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products. The Fund's investment advisor is SSgA Funds Management, Inc.
Basic Details
Issuer SSgA
Fund NameIndustrial Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLI
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Emiliano Rabinovich
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkS&P Industrial Select Sector TR USD
CategorySector
FocusIndustrials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$12.83 billion
Average Daily Volume$11.75 million
Discount/Premium0.16%
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
Industrial Select Sector SPDR Fund (NYSEARCA:XLI) Frequently Asked Questions
What is Industrial Select Sector SPDR Fund's stock symbol?
Industrial Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLI."
How often does Industrial Select Sector SPDR Fund pay dividends? What is the dividend yield for Industrial Select Sector SPDR Fund?
Industrial Select Sector SPDR Fund declared a quarterly dividend on Friday, June 15th. Stockholders of record on Monday, June 18th will be paid a dividend of $0.3016 per share on Wednesday, June 20th. This represents a $1.21 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, June 15th. View Industrial Select Sector SPDR Fund's Dividend History.
Are investors shorting Industrial Select Sector SPDR Fund?
Industrial Select Sector SPDR Fund saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 33,855,326 shares, a decrease of 21.7% from the July 13th total of 43,242,465 shares. Based on an average daily volume of 11,908,026 shares, the short-interest ratio is currently 2.8 days. View Industrial Select Sector SPDR Fund's Current Options Chain.
Who are Industrial Select Sector SPDR Fund's key executives?
Industrial Select Sector SPDR Fund's management team includes the folowing people:
- Michael Feehily, Member of the Management Board
- , Bio & Compensation -
- John A. Tucker, Member of the Management Board
Has Industrial Select Sector SPDR Fund been receiving favorable news coverage?
News articles about XLI stock have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Industrial Select Sector SPDR Fund earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned news coverage about the exchange traded fund an impact score of 46.25 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Industrial Select Sector SPDR Fund.
Who are Industrial Select Sector SPDR Fund's major shareholders?
Industrial Select Sector SPDR Fund's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (6.25%), Swan Global Investments LLC (3.13%), BNP Paribas Arbitrage SA (2.06%), Richard Bernstein Advisors LLC (1.30%), CHURCHILL MANAGEMENT Corp (0.86%) and Natixis (0.72%).
Which major investors are selling Industrial Select Sector SPDR Fund stock?
XLI stock was sold by a variety of institutional investors in the last quarter, including Natixis, Pinnacle Advisory Group Inc., Harel Insurance Investments & Financial Services Ltd., Cavalier Investments LLC, SG Americas Securities LLC, Migdal Insurance & Financial Holdings Ltd., Tower Research Capital LLC TRC and TD Asset Management Inc..
Which major investors are buying Industrial Select Sector SPDR Fund stock?
XLI stock was bought by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Morgan Stanley, Richard Bernstein Advisors LLC, Cornerstone Wealth Management LLC, Caisse DE Depot ET Placement DU Quebec, Mizuho Trust & Banking Co. Ltd., Toronto Dominion Bank and Putnam Investments LLC.
How do I buy shares of Industrial Select Sector SPDR Fund?
Shares of XLI 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 Industrial Select Sector SPDR Fund's stock price today?
One share of XLI stock can currently be purchased for approximately $75.52.
How big of a company is Industrial Select Sector SPDR Fund?
Industrial Select Sector SPDR Fund has a market capitalization of $12.48 billion.
MarketBeat Community Rating for Industrial Select Sector SPDR Fund (NYSEARCA XLI)
MarketBeat's community ratings are surveys of what our community members think about Industrial Select Sector SPDR Fund and other stocks. Vote "Outperform" if you believe XLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
