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.
Basic Details
Issuer SSgA
Fund NameConsumer Staples Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLP
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, David Chin
Phone+1-866-7872257
Fund Focus
Asset ClassEquity
BenchmarkS&P Cons Staples Select Sector TR USD
CategorySector
FocusConsumer Staples
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$9.01 billion
Average Daily Volume$15.35 million
Discount/Premium1.59%
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 MakerIMC Chicago
Consumer Staples Select Sect. SPDR (NYSEARCA:XLP) Frequently Asked Questions
What is Consumer Staples Select Sect. SPDR's stock symbol?
Consumer Staples Select Sect. SPDR trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLP."
How often does Consumer Staples Select Sect. SPDR pay dividends? What is the dividend yield for Consumer Staples Select Sect. SPDR?
Consumer Staples Select Sect. SPDR declared a quarterly dividend on Friday, June 15th. Investors of record on Monday, June 18th will be given a dividend of $0.3938 per share on Wednesday, June 20th. This represents a $1.58 annualized dividend and a yield of 2.98%. The ex-dividend date is Friday, June 15th. This is a boost from Consumer Staples Select Sect. SPDR's previous quarterly dividend of $0.30. View Consumer Staples Select Sect. SPDR's Dividend History.
What is the consensus analysts' recommendation for Consumer Staples Select Sect. SPDR?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consumer Staples Select Sect. SPDR in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Are investors shorting Consumer Staples Select Sect. SPDR?
Consumer Staples Select Sect. SPDR saw a decline in short interest in the month of June. As of June 15th, there was short interest totalling 24,756,386 shares, a decline of 11.3% from the May 31st total of 27,910,998 shares. Based on an average daily volume of 13,144,422 shares, the days-to-cover ratio is presently 1.9 days. View Consumer Staples Select Sect. SPDR's Current Options Chain.
Who are Consumer Staples Select Sect. SPDR's key executives?
Consumer Staples Select Sect. SPDR's management team includes the folowing people:
- George R. Gaspari, Chairman of the Board of Trustees (Age 76)
- James E. Ross, President, Trustee
- Chad C. Hallett, Principal Financial Officer, Treasurer (Age 47)
- Jacqueline Angell, Chief Compliance Officer (Age 39)
- Michael P. Riley, Vice President (Age 44)
- Matthew W Flaherty, Assistant Treasurer
- Ryan M. Louvar, Secretary (Age 42)
- Mark E. Tuttle, Assistant Secretary (Age 43)
- Cheryl Burgermeister, Trustee
- Ernest J. Scalberg, Trustee (Age 70)
Has Consumer Staples Select Sect. SPDR been receiving favorable news coverage?
Media headlines about XLP stock have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Consumer Staples Select Sect. SPDR earned a news impact score of 0.08 on Accern's scale. They also assigned media headlines about the exchange traded fund an impact score of 45.30 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Consumer Staples Select Sect. SPDR's major shareholders?
Consumer Staples Select Sect. SPDR's stock is owned by a number of of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.54%), Conservest Capital Advisors Inc. (0.36%), Ledyard National Bank (0.08%), Hochman Cole Investment Advisors Inc. (0.08%), Capital Investment Advisors LLC (0.04%) and Sabal Trust CO (0.03%). View Institutional Ownership Trends for Consumer Staples Select Sect. SPDR.
Which major investors are selling Consumer Staples Select Sect. SPDR stock?
XLP stock was sold by a variety of institutional investors in the last quarter, including Affiance Financial LLC, Conservest Capital Advisors Inc., Winfield Associates Inc., Ledyard National Bank, Rockland Trust Co., Atria Investments LLC, Sabal Trust CO and Capital Investment Advisors LLC. View Insider Buying and Selling for Consumer Staples Select Sect. SPDR.
Which major investors are buying Consumer Staples Select Sect. SPDR stock?
XLP stock was purchased by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, CX Institutional, Addison Capital Co, Baystate Wealth Management LLC, Hochman Cole Investment Advisors Inc., Edge Wealth Management LLC, Chemung Canal Trust Co. and Cerebellum GP LLC. View Insider Buying and Selling for Consumer Staples Select Sect. SPDR.
How do I buy shares of Consumer Staples Select Sect. SPDR?
Shares of XLP 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 Consumer Staples Select Sect. SPDR's stock price today?
One share of XLP stock can currently be purchased for approximately $52.94.
How big of a company is Consumer Staples Select Sect. SPDR?
Consumer Staples Select Sect. SPDR has a market capitalization of $8.07 billion.
How can I contact Consumer Staples Select Sect. SPDR?
Consumer Staples Select Sect. SPDR's mailing address is One Lincoln Street, Boston, 02211, United States. The exchange traded fund can be reached via phone at +1-866-7872257.
MarketBeat Community Rating for Consumer Staples Select Sect. SPDR (NYSEARCA XLP)
MarketBeat's community ratings are surveys of what our community members think about Consumer Staples Select Sect. SPDR and other stocks. Vote "Outperform" if you believe XLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
