Financial Select Sector SPDR Fund (XLF)
| Assets | $40.54B |
| NAV | $38.02 |
| Expense Ratio | 0.12% |
| PE Ratio | 12.95 |
| Shares Out | 1.07B |
| Dividend (ttm) | $0.60 |
| Dividend Yield | 1.59% |
| Ex-Dividend Date | Sep 20, 2021 |
| 1-Year Return | - |
| Volume | 48,066,072 |
| Open | 37.99 |
| Previous Close | 38.02 |
| Day's Range | 37.94 - 38.36 |
| 52-Week Low | 22.62 |
| 52-Week High | 38.87 |
| Beta | 1.19 |
| Holdings | 67 |
| Inception Date | Dec 16, 1998 |
About XLF
The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Financial Select Sector Index. The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts (REITs); consumer finance; and thrifts and mortgage finance. The fund is non-diversified.
Top 10 Holdings
53.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. Class B | N/A | 12.22% |
| JPMorgan Chase | JPM | 11.42% |
| Bank of America | BAC | 7.32% |
| Wells Fargo | WFC | 4.65% |
| Morgan Stanley | MS | 3.58% |
| Citigroup | C | 3.41% |
| Goldman Sachs | GS | 3.13% |
| BlackRock | BLK | 2.97% |
| American Express | AXP | 2.64% |
| Charles Schwab | SCHW | 2.64% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2021 | $0.162 | Sep 23, 2021 |
| Jun 21, 2021 | $0.139299 | Jun 24, 2021 |
| Mar 22, 2021 | $0.151233 | Mar 25, 2021 |
| Dec 21, 2020 | $0.152014 | Dec 24, 2020 |
| Sep 21, 2020 | $0.135278 | Sep 24, 2020 |
| Jun 22, 2020 | $0.151596 | Jun 25, 2020 |
News
4 ETF Plays as Buybacks Bounce Back & Likely to Soar Higher
S&P 500 quarterly buybacks are on their toward $200 billion and are now 11% behind from their all-time high of $$23 billion set in Q4 2018.
ETFs to Bet On as Fed Turns Hawkish, Signals Tapering
The Federal Reserve Chair Jerome Powell kept the interest rates near zero at 0-0.25% but signaled bond-buying tapering ahead followed by interest rate hikes as early as next year.
A Burst of M&A Activity Could Help Support Financial Sector ETFs
After the coronavirus pandemic put many businesses on hold for a year, companies have kicked off an unprecedented deal-making spree, bolstering banks and financial sector-related exchange traded funds. ...
Investment Committee moves: General Dynamics, financials and small caps
The Investment Committee offers Halftime their stock picks. With CNBC's Brian Sullivan and the traders, Rob Sechan, Michael Farr, Jon Najarian, Shannon Saccocia and Jim Lebenthal.
Piper Sandler's Harte: “the path is still upward for bank stocks”
August was a great month for the bank stocks and financials at large. But before last month wasn't nearly as exciting, which raises a question – what does the future hold for financial stocks?
Piper Sandler's Jeffery Harte on whether financials can continue to outperform
CNBC's "Squawk on the Street" team discusses financials performance in the markets and outlook with Jeffery Harte of Piper Sandler.
Former Barclay's CEO on the state of the banking industry
Bob Diamond, former Barclay's CEO and Atlas Merchant Capital CEO, joins Closing Bell to discuss this month's markets and what will be driving them as the fall approaches.
Could the taper give banks a boost?
Gerard Cassidy, managing director and head of U.S. bank equity strategy at RBC Capital, joins Fast Money to discuss the impact the Fed could have on banks.
5 Financial ETFs to Buy on Taper Talks
The shift toward a tighter monetary policy will push the yields higher, thereby benefiting the financial sector.
5 ETFs That Gained Maximum Investor Love Last Week
ETFs overall gathered more than $19 billion capital last week (Aug 6-12), bringing in inflows of $545.3 billion year to date.
Health care and financial stocks are up
Pete Najarian, co-founder of MarketRebellion.com, and Joe Terranova, senior managing director for Virtus Investment Partners, join the Halftime Report to discuss why they're buying Bank of America and o...
Schwab (SCHW) Option Traders Betting on Bounce Back
Option trading volumes indicated that traders had been buying calls and selling puts, and post-earnings activity suggests this trend has continued.
3 Bank Stocks to Buy on Dips – After the Correction
Bank stocks rallied too far. They are great companies with fortress financial statements, so buy the dip with confidence later this year.
Q2 Bank Earnings Help Propel Financial Stock ETFs
Financial sector exchange traded funds were higher Thursday as the corporate earnings season helped lift bank stocks. On Thursday, the Invesco KBW Regional Bank Portfolio (NYSEArca: KBWR) rose 0.2% whil...
3 Top Financial Stock Trades for the Week
Financials are stepping up to the earnings plate, making them the obvious choice for this week's top stock trades. Here are three favorites.
Katz: Recent pullback in financials could be a great opportunity to step in and buy
David Katz of Matrix Asset Advisors says the financials could be a prime place for investors, as the decline in bond rates will likely be short-lived as the economy is in a strong growth mode.
What the stock options market says about big bank dividends, buybacks
CNBC's "Halftime Report" team discusses bank stocks ahead of potential dividend and buyback boosts.
10 Most-Heavily Traded ETFs
In a booming stock market, the ETF industry is seeing explosive growth piling up huge assets in recent years. This has resulted in enough liquidity with most of the funds trading at extremely higher vol...