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 announced a quarterly dividend on Friday, June 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Friday, June 15th. This is a positive change from Consumer Staples Select Sect. SPDR's previous quarterly dividend of $0.30. View Consumer Staples Select Sect. SPDR's Dividend History.
Are investors shorting Consumer Staples Select Sect. SPDR?
Consumer Staples Select Sect. SPDR saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 26,685,664 shares, a decline of 24.4% from the April 30th total of 35,291,968 shares. Based on an average trading volume of 12,400,017 shares, the days-to-cover ratio is presently 2.2 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 stories about XLP stock have been trending somewhat negative on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Consumer Staples Select Sect. SPDR earned a daily sentiment score of -0.04 on Accern's scale. They also assigned media coverage about the exchange traded fund an impact score of 48.87 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Consumer Staples Select Sect. SPDR's major shareholders?
Consumer Staples Select Sect. SPDR's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Swan Global Investments LLC (4.71%), JPMorgan Chase & Co. (1.72%), Natixis (1.35%), BlackRock Inc. (1.22%), CIBC World Markets Inc. (0.92%) and Caisse DE Depot ET Placement DU Quebec (0.79%). 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 Caisse DE Depot ET Placement DU Quebec, BlackRock Inc., Tiverton Asset Management LLC, Envestnet Asset Management Inc., AGF Investments Inc., LPL Financial LLC, Afam Capital Inc. and BB&T Securities 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 bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., CIBC World Markets Inc., Migdal Insurance & Financial Holdings Ltd., Natixis, Mizuho Trust & Banking Co. Ltd., Tibra Equities Europe Ltd, Psagot Investment House Ltd. and Mackay Shields 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 $51.63.
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 (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.
