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Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Opportunity of a Lifetime: Come Learn How to Trade Like Charles Payne! (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Laser breakthrough could send stock soaring 2,467% (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Opportunity of a Lifetime: Come Learn How to Trade Like Charles Payne! (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Laser breakthrough could send stock soaring 2,467% (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Opportunity of a Lifetime: Come Learn How to Trade Like Charles Payne! (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Laser breakthrough could send stock soaring 2,467% (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

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%
XLK stock logo

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

XLK ETF News Headlines

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.
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
[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
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
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
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.
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.
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
[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
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
Current Symbol
NYSEARCA:XLK
Inception Date
12/16/1998
Fund Manager
Mike Feehily, Karl Schneider, David Chin
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

Beta
1.14
Creation Unit
50,000
Creation Fee
$500.00
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Technology Select Sector SPDR Fund Expenses

TypeXLKInformation Technology ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.51%0.53%0.50%0.51%
Other Expenses0.07%0.29%0.54%0.64%0.57%
Total Expense0.10%0.63%0.70%0.73%0.70%
Fee Waiver0.00%-0.48%-0.54%-0.69%-0.58%
Net Expense0.10%0.56%0.60%0.57%0.57%

Technology Select Sector SPDR Fund (XLK) Holdings & Exposure

XLK Sector Exposure

XLK Industry Exposure

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?
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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