NYSEARCA:XLP

Consumer Staples Select Sector SPDR Fund (XLP) Price, Holdings, & News

$75.36
+0.21 (+0.28%)
(As of 04/23/2024 ET)
Today's Range
$75.02
$75.43
50-Day Range
$72.73
$76.36
52-Week Range
$65.18
$77.82
Volume
12.76 million shs
Average Volume
12.60 million shs
Market Capitalization
$14.58 billion
Assets Under Management
$13.95 billion
Dividend Yield
2.44%
Net Expense Ratio
0.10%
XLP stock logo

About Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities consisting of the Index. In addition, the Fund may invest in cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by SSgA Funds Management, Inc. (SSgA FM). It invests in industries, such as food & staples retailing, household products, food products, tobacco, beverages and personal products. SSgA FM serves as the investment adviser to the Fund.

XLP Stock Price History

XLP ETF News Headlines

Analysts Agree, This Could Be Tyson Stock’s Comeback Year (XLP)
Tyson's comeback is in the making, all the fundamental factors suggest the stock could rally by double-digit rates, leaving its closest competitor in the dust
Hershey Stock Decline: An Opportunity for Investors to Buy (XLP)
Hershey stock could quickly become a buy target, as it already is for Vanguard, now that it trades at a 50% discount to all-time highs with bulletproof returns
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Wednesday's ETF Movers: SIL, XLP
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
XLP: Rotate Into This Lagging Sector
See More Headlines
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Fund Details

Issuer
SSgA
Fund Name
Consumer Staples Select Sector SPDR Fund
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:XLP
Inception Date
12/16/1998
Fund Manager
Mike Feehily, Karl Schneider, David Chin

Fund Focus

Asset Class
Equity
Benchmark
S&P Consumer Staples Select Sector Index
Category
Sector
Focus
Consumer Staples
Development Level
Developed Markets
Region
North America
Number of Holdings
39

Fund Statistics

Assets Under Management
$13.95 billion
Average Daily Volume
$12.67 million
Discount/Premium
0.02%

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
IMC

Options

Optionable
Optionable
Options Volume
14,570
Put Options
7,973
Call Options
6,597
Short Interest
25,530,000 shs

Miscellaneous

Beta
0.47
Creation Unit
50,000
Creation Fee
$500.00
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Consumer Staples Select Sector SPDR Fund Expenses

TypeXLPConsumer Staples ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.43%0.54%0.50%0.51%
Other Expenses0.07%1.15%0.54%0.64%0.58%
Total Expense0.10%1.04%0.70%0.74%0.70%
Fee Waiver0.00%-1.82%-0.55%-0.68%-0.57%
Net Expense0.10%0.51%0.60%0.57%0.58%

Consumer Staples Select Sector SPDR Fund (XLP) Holdings & Exposure

XLP Sector Exposure

XLP Industry Exposure

Key Executives

  • George R. Gaspari (Age 76)
    Chairman of the Board of Trustees
  • James E. Ross
    President, Trustee
  • Chad C. Hallett (Age 47)
    Principal Financial Officer, Treasurer
  • Jacqueline Angell (Age 39)
    Chief Compliance Officer
  • Michael P. Riley (Age 44)
    Vice President
  • Matthew W Flaherty
    Assistant Treasurer
  • Ryan M. Louvar (Age 42)
    Secretary
  • Mark E. Tuttle (Age 43)
    Assistant Secretary
  • Cheryl Burgermeister
    Trustee
  • Ernest J. Scalberg (Age 70)
    Trustee

Should I Buy Consumer Staples Select Sector SPDR Fund Stock? XLP Pros and Cons Explained

kapros

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

  • Consumer Staples sector is known for its stability and resilience during economic downturns, providing a defensive investment option for investors.
  • The Fund offers exposure to a diversified range of industries within the Consumer Staples sector, including food products, beverages, and personal products, reducing specific industry risk.
  • Investing in XLP can provide a hedge against inflation as consumer staples tend to maintain demand even in inflationary environments.
  • With a focus on well-established companies in the sector, the Fund may offer consistent dividend income for investors seeking income-generating investments.
  • Considering the current stock price of XLP, which reflects the performance of the Consumer Staples sector, investors may find an entry point that aligns with their investment strategy.

Cons

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

  • The Consumer Staples sector is often considered defensive, which may limit potential for high growth compared to more cyclical sectors during economic expansions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Consumer Staples Select Sector SPDR Fund pros and cons to contact@marketbeat.com.

XLP ETF - Frequently Asked Questions

How have XLP shares performed in 2024?

Consumer Staples Select Sector SPDR Fund's stock was trading at $72.03 at the beginning of 2024. Since then, XLP stock has increased by 4.6% and is now trading at $75.36.
View the best growth stocks for 2024 here
.

What does XLP invest in?

Consumer Staples Select Sector SPDR Fund is a equity fund issued by SSgA. XLP focuses on consumer staples investments and follows the S&P Consumer Staples Select Sector Index. The fund's investments total to approximately $13.95 billion assets under management.

What stocks does Consumer Staples Select Sector SPDR Fund hold?
What is the management fee for Consumer Staples Select Sector SPDR Fund?

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

Who are Consumer Staples Select Sector SPDR Fund's major shareholders?

Consumer Staples Select Sector SPDR Fund's stock is owned by many different institutional and retail investors. Top institutional investors include Raymond James & Associates (1.48%), CHURCHILL MANAGEMENT Corp (0.48%), Raymond James Financial Services Advisors Inc. (0.45%), Grimes & Company Inc. (0.34%), Congress Wealth Management LLC DE (0.19%) and WFA Asset Management Corp (0.14%).

How do I buy shares of Consumer Staples Select Sector SPDR Fund?

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

This page (NYSEARCA:XLP) was last updated on 4/24/2024 by MarketBeat.com Staff

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