Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor's 500 Composite Stock Index (S&P 500). The Health Care Select Sector Index includes companies from the industries, such as pharmaceuticals, healthcare providers and services, healthcare equipment and supplies, biotechnology, life sciences tools and services, and healthcare technology. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Index. State Street Global Advisors acts as the Fund's investment manager.
Basic Details
Issuer SSgA
Fund NameHealth Care Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLV
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Dwayne Hancock
Phone+1-866-7872257
Fund Focus
Asset ClassEquity
BenchmarkS&P Health Care Select Sector TR USD
CategorySector
FocusHealth Care
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$17.25 billion
Average Daily Volume$8.85 million
Discount/Premium1.45%
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 MakerCredit Suisse
Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Frequently Asked Questions
What is Health Care Select Sector SPDR Fund's stock symbol?
Health Care Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLV."
How often does Health Care Select Sector SPDR Fund pay dividends? What is the dividend yield for Health Care Select Sector SPDR Fund?
Health Care Select Sector SPDR Fund declared a quarterly dividend on Friday, December 21st. Shareholders of record on Monday, December 24th will be paid a dividend of $0.3795 per share on Thursday, December 27th. This represents a $1.52 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Friday, December 21st. This is a boost from Health Care Select Sector SPDR Fund's previous quarterly dividend of $0.37. View Health Care Select Sector SPDR Fund's Dividend History.
Has Health Care Select Sector SPDR Fund been receiving favorable news coverage?
News stories about XLV stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Health Care Select Sector SPDR Fund earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the exchange traded fund a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Are investors shorting Health Care Select Sector SPDR Fund?
Health Care Select Sector SPDR Fund saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 20,162,338 shares, an increase of 23.8% from the December 31st total of 16,291,326 shares. Based on an average daily volume of 11,870,272 shares, the days-to-cover ratio is presently 1.7 days. View Health Care Select Sector SPDR Fund's Current Options Chain.
Who are Health Care Select Sector SPDR Fund's key executives?
Health Care 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 Health Care Select Sector SPDR Fund's major shareholders?
Health Care Select Sector SPDR Fund's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Swan Global Investments LLC (1.62%), BlackRock Inc. (1.20%), CHURCHILL MANAGEMENT Corp (0.90%), Janney Montgomery Scott LLC (0.85%), LPL Financial LLC (0.77%) and Psagot Investment House Ltd. (0.65%).
Which institutional investors are selling Health Care Select Sector SPDR Fund stock?
XLV stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Swan Global Investments LLC, Rafferty Asset Management LLC, Florin Court Capital LLP, Pinnacle Advisory Group Inc., Mirae Asset Global Investments Co. Ltd., LPL Financial LLC and Verde Servicos Internacionais S.A..
Which institutional investors are buying Health Care Select Sector SPDR Fund stock?
XLV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Montreal Can, CHURCHILL MANAGEMENT Corp, Mackenzie Financial Corp, Tiff Advisory Services Inc., Toronto Dominion Bank, Raymond James & Associates and BB&T Securities LLC.
How do I buy shares of Health Care Select Sector SPDR Fund?
Shares of XLV 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 Health Care Select Sector SPDR Fund's stock price today?
One share of XLV stock can currently be purchased for approximately $92.63.
How big of a company is Health Care Select Sector SPDR Fund?
Health Care Select Sector SPDR Fund has a market capitalization of $19.57 billion.
What is Health Care Select Sector SPDR Fund's official website?
How can I contact Health Care Select Sector SPDR Fund?
Health Care Select Sector SPDR Fund's mailing address is One Lincoln Street, Boston, 02111, United States. The exchange traded fund can be reached via phone at +1-866-7872257.
MarketBeat Community Rating for Health Care Select Sector SPDR Fund (NYSEARCA XLV)
MarketBeat's community ratings are surveys of what our community members think about Health Care Select Sector SPDR Fund and other stocks. Vote "Outperform" if you believe XLV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLV will underperform the S&P 500 over the long term. You may vote once every thirty days.
