Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities. The Fund utilizes a passive or indexing investment approach to attempt to approximate the investment performance of the Index. The Fund's investment advisor is SSgA Funds Management, Inc.
Basic Details
Issuer SSgA
Fund NameUtilities Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLU
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Dwayne Hancock
Phone+1-866-7872257
Fund Focus
Asset ClassEquity
BenchmarkS&P Utilities Select Sector Index
CategorySector
FocusUtilities
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$10.27 billion
Average Daily Volume$18.17 million
Discount/Premium0.04%
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 MakerJane Street
Utilities Select Sector SPDR Fund (NYSEARCA:XLU) Frequently Asked Questions
What is Utilities Select Sector SPDR Fund's stock symbol?
Utilities Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLU."
How often does Utilities Select Sector SPDR Fund pay dividends? What is the dividend yield for Utilities Select Sector SPDR Fund?
Utilities Select Sector SPDR Fund declared a quarterly dividend on Friday, March 15th. Stockholders of record on Monday, March 18th will be given a dividend of $0.4302 per share on Wednesday, March 20th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Friday, March 15th. View Utilities Select Sector SPDR Fund's Dividend History.
Has Utilities Select Sector SPDR Fund been receiving favorable news coverage?
News coverage about XLU stock has been trending negative on Sunday, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Utilities Select Sector SPDR Fund earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the exchange traded fund a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Utilities Select Sector SPDR Fund.
What other stocks do shareholders of Utilities Select Sector SPDR Fund own?
Who are Utilities Select Sector SPDR Fund's key executives?
Utilities Select Sector SPDR Fund's management team includes the folowing people:
- Michael Feehily, Member of the Management Board
- John A. Tucker, Member of the Management Board (Age 1)
Who are Utilities Select Sector SPDR Fund's major shareholders?
Utilities Select Sector SPDR Fund's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Morgan Stanley (9.16%), Swan Global Investments LLC (2.51%), Factory Mutual Insurance Co. (1.98%), LPL Financial LLC (1.41%), Envestnet Asset Management Inc. (0.99%) and National Mutual Insurance Federation of Agricultural Cooperatives (0.94%).
Which major investors are selling Utilities Select Sector SPDR Fund stock?
XLU stock was sold by a variety of institutional investors in the last quarter, including Swan Global Investments LLC, Migdal Insurance & Financial Holdings Ltd., Paloma Partners Management Co, Q3 Asset Management, Renaissance Technologies LLC, Assetmark Inc., Pinnacle Advisory Group Inc. and Joseph P. Lucia & Associates LLC.
Which major investors are buying Utilities Select Sector SPDR Fund stock?
XLU stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Factory Mutual Insurance Co., National Mutual Insurance Federation of Agricultural Cooperatives, Thoroughbred Financial Services LLC, LPL Financial LLC, Cabana LLC, CIBC Private Wealth Group LLC and Eagle Global Advisors LLC.
How do I buy shares of Utilities Select Sector SPDR Fund?
Shares of XLU 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 Utilities Select Sector SPDR Fund's stock price today?
One share of XLU stock can currently be purchased for approximately $61.38.
How big of a company is Utilities Select Sector SPDR Fund?
What is Utilities Select Sector SPDR Fund's official website?
How can I contact Utilities Select Sector SPDR Fund?
Utilities Select Sector SPDR Fund's mailing address is One Lincoln Street, Boston, MA 02211, United States. The exchange traded fund can be reached via phone at +1-866-7872257.
MarketBeat Community Rating for Utilities Select Sector SPDR Fund (NYSEARCA XLU)
MarketBeat's community ratings are surveys of what our community members think about Utilities Select Sector SPDR Fund and other stocks. Vote "Outperform" if you believe XLU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLU will underperform the S&P 500 over the long term. You may vote once every thirty days.
