Summary
XLEDB Chart
Final Trade: XLF, ORLY, PFE, UBER
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
XLF ETF Is Not Out Of The Woods Yet
I consider XLF a HOLD due to mixed impacts from the current aggressive interest rate cut outlook. Lower interest rates could benefit some of XLF's holdings through increased lending and increased economic transactions. Negative impacts include pressure on insurance companies' investment income and banks' Net Interest Margin.
Financial Sector: Pullback Opportunity or Warning Sign?
With several major banks kicking off earnings season last Friday, the financial sector is back in focus. After a double-digit correction from 52-week highs, investors are likely wondering whether now is the time to consider buying or if more downside lies ahead.
SELECT SECTOR SPDR Dividends
| XLF XLF In 1 month Estimated | Quarterly | $0.18 Per Share |
| XLF XLF 1 month ago Paid | Quarterly | $0.18 Per Share |
| XLF XLF 4 months ago Paid | Quarterly | $0.21 Per Share |
| XLF XLF 7 months ago Paid | Quarterly | $0.17 Per Share |
| XLF XLF 10 months ago Paid | Quarterly | $0.16 Per Share |
| XLF XLF 18 Mar 2024 Paid | Quarterly | $0.15 Per Share |
SELECT SECTOR SPDR Earnings
| XLF XLF In 1 month Estimated | Quarterly | $0.18 Per Share |
| XLF XLF 1 month ago Paid | Quarterly | $0.18 Per Share |
| XLF XLF 4 months ago Paid | Quarterly | $0.21 Per Share |
| XLF XLF 7 months ago Paid | Quarterly | $0.17 Per Share |
| XLF XLF 10 months ago Paid | Quarterly | $0.16 Per Share |
| XLF XLF 18 Mar 2024 Paid | Quarterly | $0.15 Per Share |
SELECT SECTOR SPDR (XLEDB) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SELECT SECTOR SPDR ever had a stock split?
SELECT SECTOR SPDR Profile
| - Industry | - Sector | - CEO | BCBA Exchange | US81369Y6059 ISIN |
| United States Country | - Employees | 24 Mar 2025 Last Dividend | 19 Sep 2016 Last Split | - IPO Date |
Overview
The fund is designed to offer investors exposure to the financial sector, adhering closely to the composition of the index it tracks. By investing at least 95% of its total assets in securities that make up the index, the fund aims to replicate the performance of the index, which encompasses a broad range of companies within the global financial industry. These companies fall into various sub-sectors, including financial services, insurance, banks, capital markets, mortgage real estate investment trusts (REITs), and consumer finance. The fund's strategy emphasizes investing in companies classified as Financial by the Global Industry Classification Standard. It is noteworthy that the fund operates with a non-diversified approach, meaning it may invest a larger portion of its assets in fewer issuers compared to a diversified fund.
Products and Services
- Financial Services
- Insurance
- Banks
- Capital Markets
- Mortgage Real Estate Investment Trusts (REITs)
- Consumer Finance
Investment in securities of companies providing financial services. This encompasses a wide range of firms involved in activities such as investment management, financial advisory, and brokerage services, offering investors exposure to companies facilitating financial transactions and advisory services.
Exposure to companies in the insurance industry. This includes companies that underwrite, sell, and service insurance policies, such as life insurance, property, and casualty insurance, providing a hedge against various risks and contributing to a diversified investment approach.
Investment in securities of banking institutions. These include commercial and retail banks that accept deposits, provide loans, and offer a variety of other financial services to individuals and businesses, reflecting the essential role banks play in financial systems worldwide.
Securities of companies operating in capital markets. This segment includes investment banks, brokerage houses, and companies involved in the underwriting, selling, and trading of securities, offering investors access to firms that facilitate capital raising and financial trading activities.
Investment in mortgage REITs. These trusts primarily invest in property mortgages and mortgage-backed securities, providing investors with exposure to the real estate financing market and the potential for income through interest earnings.
Securities of companies offering consumer financial services. This includes firms providing loans, credit, and financing to consumers, such as credit card issuers, personal loan providers, and auto finance companies, reflecting the demand for consumer credit and financial services.
Contact Information
