Should I buy or sell Technology Select Sector SPDR Fund stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Technology Select Sector SPDR Fund in the last year. There are currently 15 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" XLK shares. View XLK analyst ratings or view top-rated stocks .

How have XLK shares performed in 2023?

Technology Select Sector SPDR Fund's stock was trading at $124.44 at the start of the year. Since then, XLK stock has increased by 50.0% and is now trading at $186.66. View the best growth stocks for 2023 here .

What does XLK invest in?

Technology Select Sector SPDR Fund is a equity fund issued by SSgA. XLK focuses on information technology investments and follows the S&P Technology Select Sector Index. The fund's investments total to approximately $56.15 billion assets under management.

What stocks does Technology Select Sector SPDR Fund hold?

XLK invests in 67 holdings. Some of the stocks in their portfolio include Apple (AAPL) , Microsoft (MSFT) , NVIDIA (NVDA) , Broadcom (AVGO) , Adobe (ADBE) , Cisco Systems (CSCO) , Salesforce (CRM) , Accenture (ACN) , Oracle (ORCL) and Advanced Micro Devices (AMD) .

What is the management fee for Technology Select Sector SPDR Fund?

Technology Select Sector SPDR Fund's management fee is 0.03% and has other expenses of 0.07%. The net expense ratio for XLK is 0.10%.

What other stocks do shareholders of Technology Select Sector SPDR Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Technology Select Sector SPDR Fund investors own include NVIDIA (NVDA) , AT&T (T) , Intel (INTC) , Financial Select Sector SPDR Fund (XLF) , Verizon Communications (VZ) , Johnson & Johnson (JNJ) , Bank of America (BAC) , Walt Disney (DIS) , Visa (V) and Tesla (TSLA) .

Who are Technology Select Sector SPDR Fund's major shareholders?

Technology Select Sector SPDR Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (0.00%), Morgan Stanley (3.18%), Optiver Holding B.V. (0.00%), LPL Financial LLC (2.01%), Envestnet Asset Management Inc. (1.76%) and CHURCHILL MANAGEMENT Corp (1.52%).

How do I buy shares of Technology Select Sector SPDR Fund?

Shares of XLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Technology Select Sector SPDR Fund (XLK) Price, Holdings, & News

$186.66

+1.58 (+0.85%)

(As of 12/8/2023 ET)

Compare

Today's Range: $184.45
▼
$186.81
50-Day Range: $160.19
▼
$186.66
52-Week Range: $120.81
▼
$186.90

Volume: 6.40 million shs
Average Volume: 6.67 million shs
Market Capitalization: $54.02 billion

Assets Under Management: $56.15 billion
Dividend Yield: 0.69%
Net Expense Ratio: 0.10%

Stock Analysis Chart Headlines Holdings Ownership Ratings

About Technology Select Sector SPDR Fund (NYSEARCA:XLK)

Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index. Sector SPDR Trust SBI Interest's investment advisor is SSgA Funds Management, Inc.

XLK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

XLK ETF News Headlines

December 8, 2023 | marketbeat.com

Generative AI boosts UiPath; analysts see triple-digit EPS growth (XLK)

Workforce automation specialist UiPath jumped 16% as revenue grew by 24% and earnings grew 140%. Wall Street is eyeing triple-digit earnings growth this year.

December 6, 2023 | marketbeat.com

Job cuts at Spotify, markets hurry to buy the stock (XLK)

Spotify is issuing new layoffs, but this doesn't necessarily mean bad news for the stock. It is beginning to take on a new rally after analysts boost it

December 9, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

December 6, 2023 | marketbeat.com

Zuckerberg sells Meta, Snowflake may be the better choice (XLK)

Now that Meta has run its course in an overdue rally, Zuckerberg is beginning to cash out, markets have found their new favorite rally story in the sector

December 5, 2023 | marketbeat.com

The truth about DocuSign's relevancy in today's world: Surprise (XLK)

Some have forgotten just how entrenched DocuSign is in today's economy, the stock price has yet to reflect this brand moat in the making, but some see it today

December 1, 2023 | marketbeat.com

Behind the tech boom: Big price leaders selectively laying off (XLK)

Microsoft, Amazon and Alphabet are strategically laying off workers, responding to higher interest rates and refocusing on transformative AI technologies.

November 30, 2023 | marketbeat.com

Power Play: GE's game-changing technology for EVs and grids (XLK)

GE Vernova, spinning off in '24, advances lithium-battery tech for EVs & power grids. It's formed partnerships for storage solutions, including EV-to-grid tech.

November 29, 2023 | marketbeat.com

Salesforce or Abobe? The choice is undeniably clear (XLK)

As the markets get drunk on their excitement over technology stocks, a few cracks begin to show, play this arbitrage deal on Salesforce against Adobe

December 9, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 29, 2023 | marketbeat.com

These are the top sectors for blue chip growth in 2024 (XLK)

The sector results will be mixed in 2024 but the Health Care, Communications and Technology sectors (and some of their stocks) will post robust gains.

See More Headlines

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Fund Details

Issuer: SSgA
Fund Name: Technology Select Sector SPDR Fund
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:XLK
Inception Date: 12/16/1998
Fund Manager: Mike Feehily, Karl Schneider, David Chin
Web: www.sectorspdr.com
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: S&P Technology Select Sector Index
Category: Sector
Focus: Information Technology
Development Level: Developed Markets
Region: North America
Number of Holdings: 67

Fund Statistics

Assets Under Management: $56.15 billion
Average Daily Volume: $6.21 million
Discount/Premium: -0.06%

Administrator, Advisor and Custodian

Administrator: State Street Bank and Trust Company
Advisor: SSgA Funds Management, Inc.
Custodian: State Street Bank and Trust Company
Distributor: ALPS Portfolio Solutions Distributor, Inc.
Transfer Agent: State Street Bank and Trust Company
Trustee: N/A
Lead Market Maker: Jane Street

Options

Optionable: Optionable
Options Volume: 14,650
Put Options: 10,692
Call Options: 3,958
Short Interest: 13,730,000 shs

Miscellaneous

Outstanding Shares: 289,410,000
Beta: 1.14
Creation Unit: 50,000
Creation Fee: $500.00

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Technology Select Sector SPDR Fund Expenses

Type	XLK	Information Technology ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.03%	0.51%	0.53%	0.50%	0.51%
Other Expenses	0.07%	0.29%	0.54%	0.64%	0.57%
Total Expense	0.10%	0.63%	0.70%	0.73%	0.70%
Fee Waiver	0.00%	-0.48%	-0.54%	-0.69%	-0.58%
Net Expense	0.10%	0.56%	0.60%	0.57%	0.57%

Technology Select Sector SPDR Fund (XLK) Holdings & Exposure

Top 10 XLK Holdings

XLK Sector Exposure

XLK Industry Exposure

Full Holdings Details

Key Executives

Michael Feehily
Member of the Management Board
John A. Tucker (Age 1)
Member of the Management Board

Similar ETFs

Institutional Ownership

View All Institutional Transactions

Should I Buy Technology Select Sector SPDR Fund Stock? XLK Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Technology Select Sector SPDR Fund was last updated on Monday, November 27, 2023 at 10:28 AM.

Pros

Here are some ways that investors could benefit from investing in Technology Select Sector SPDR Fund:

Technology Select Sector SPDR Fund provides exposure to the technology sector, which has shown significant growth and innovation in recent years.
Investing in Technology Select Sector SPDR Fund allows investors to diversify their portfolio and gain exposure to a wide range of technology companies.
The fund aims to replicate the performance of the Technology Select Sector Index, which includes leading technology companies.
Recent developments in the technology sector, such as advancements in artificial intelligence and cloud computing, present opportunities for growth and potential returns.
Investors can benefit from the expertise of SSgA Funds Management, Inc., the investment advisor for Technology Select Sector SPDR Fund.

Cons

Investors should be bearish about investing in Technology Select Sector SPDR Fund for these reasons:

Technology stocks can be volatile, and investing in the sector carries inherent risks.
Market conditions and economic factors can impact the performance of technology companies and, consequently, the fund.
Competition within the technology sector is intense, and companies may face challenges in maintaining their competitive edge.
Regulatory changes and government policies can have a significant impact on the technology sector and the companies included in the fund.
Investors should carefully consider their risk tolerance and investment goals before investing in Technology Select Sector SPDR Fund.

XLK ETF - Frequently Asked Questions

Should I buy or sell Technology Select Sector SPDR Fund stock right now?: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Technology Select Sector SPDR Fund in the last year. There are currently 15 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" XLK shares.
View XLK analyst ratings or view top-rated stocks.
How have XLK shares performed in 2023?: Technology Select Sector SPDR Fund's stock was trading at $124.44 at the start of the year. Since then, XLK stock has increased by 50.0% and is now trading at $186.66.
View the best growth stocks for 2023 here.
What does XLK invest in?: Technology Select Sector SPDR Fund is a equity fund issued by SSgA. XLK focuses on information technology investments and follows the S&P Technology Select Sector Index. The fund's investments total to approximately $56.15 billion assets under management.
What stocks does Technology Select Sector SPDR Fund hold?: XLK invests in 67 holdings. Some of the stocks in their portfolio include Apple (AAPL), Microsoft (MSFT), NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Cisco Systems (CSCO), Salesforce (CRM), Accenture (ACN), Oracle (ORCL) and Advanced Micro Devices (AMD).

What is the management fee for Technology Select Sector SPDR Fund?: Technology Select Sector SPDR Fund's management fee is 0.03% and has other expenses of 0.07%. The net expense ratio for XLK is 0.10%.
What other stocks do shareholders of Technology Select Sector SPDR Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Technology Select Sector SPDR Fund investors own include NVIDIA (NVDA), AT&T (T), Intel (INTC), Financial Select Sector SPDR Fund (XLF), Verizon Communications (VZ), Johnson & Johnson (JNJ), Bank of America (BAC), Walt Disney (DIS), Visa (V) and Tesla (TSLA).
Who are Technology Select Sector SPDR Fund's major shareholders?: Technology Select Sector SPDR Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (0.00%), Morgan Stanley (3.18%), Optiver Holding B.V. (0.00%), LPL Financial LLC (2.01%), Envestnet Asset Management Inc. (1.76%) and CHURCHILL MANAGEMENT Corp (1.52%).
How do I buy shares of Technology Select Sector SPDR Fund?: Shares of XLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEARCA:XLK) was last updated on 12/9/2023 by MarketBeat.com Staff

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