S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSEARCA:XLP

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

$74.43
+0.71 (+0.96%)
(As of 04/19/2024 ET)
Today's Range
$73.56
$74.48
50-Day Range
$72.73
$76.36
52-Week Range
$65.18
$77.82
Volume
15.84 million shs
Average Volume
12.61 million shs
Market Capitalization
$14.40 billion
Assets Under Management
$14.28 billion
Dividend Yield
2.47%
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

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
This Sector Ready to Outshine Key Rival, Says New Report (XLP)
Consumer discretionary stocks are likely to outpace consumer staples, says Bank of America. Consumers' resilience and greater automation are driving growth.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Wednesday's ETF Movers: SIL, XLP
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
$14.28 billion
Average Daily Volume
$12.11 million
Discount/Premium
-0.03%

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
20,041
Put Options
13,900
Call Options
6,141
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%0.58%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 shares have increased by 3.3% and is now trading at $74.43.
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 $14.28 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 a number of retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.48%), Grimes & Company Inc. (0.34%), Congress Wealth Management LLC DE (0.19%), WFA Asset Management Corp (0.14%), Clarity Financial LLC (0.07%) and Park Avenue Securities LLC (0.05%).

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 4/19/2024 by MarketBeat.com Staff

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