XLF - Financial Select Sector SPDR Fund
|Ex-Dividend Date||Mar 22, 2021|
|Trading Day||April 20|
|Day's Range||34.52 - 35.11|
|52-Week Range||19.66 - 35.52|
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.
|Asset Class |
|Inception Date |
Dec 16, 1998
|Ticker Symbol |
|Index Tracked |
Financial Select Sector Index
Top 10 Holdings54.59% of assets
|Bank of America||BAC||7.51%|
|Mar 22, 2021||$0.151||Mar 25, 2021|
|Dec 21, 2020||$0.152||Dec 24, 2020|
|Sep 21, 2020||$0.135||Sep 24, 2020|
|Jun 22, 2020||$0.152||Jun 25, 2020|
|Mar 23, 2020||$0.159||Mar 26, 2020|
|Dec 20, 2019||$0.156||Dec 26, 2019|
RBC's Gerard Cassidy on the financials' first-quarter earnings performance
Gerard Cassidy, Head of U.S. Bank Equity Strategy and Large Cap Bank Analyst at RBC Capital Markets, joins Worldwide Exchange to discuss bank earnings thus far.
In the first quarter of 2021 itself, U.S. listed ETFs amassed more than $243 billion total, the biggest asset generation on record with more than $200 billion going into equity funds alone, per a Bloomb...
Breaking down the financials sector as bank earnings roll out
Linda Bakhshian, Portfolio Manager and Vice President at Federated Investors, joins Worldwide Exchange with her latest market outlook.
Net interest income 'remains under pressure' for the banking industry, Citi analyst says
Ronit Ghose, global head of bank research at Citi, discusses what to expect from major U.S. bank earnings this week.
Investment company Mitchell Sinkler & Starr (Current Portfolio) buys JPMorgan Ultra-Short Income ETF, Financial Select Sector SPDR, Vanguard Short-Term Corporate Bond ETF, Prudential Financial Inc, Air ...
Big banks will start releasing their quarterly numbers this week. The outlook is pretty bullish this time as most of the big banks saw their earnings estimates going up in the past 7-,30-,60-,90-day-per...
RBC Capital Markets' Gerard Cassidy gives his bullish case for bank stocks ahead of earnings season.
Financial stocks have been on fire so far this year. Matt Maley of Miller Tabak says there could be more gains to come.
There is still value in financials, says Bell Rock Capital's Cassandra Toroian
Cassandra Toroian, Bell Rock Capital, joins 'Closing Bell' to discuss if she thinks financials still have a buying opportunity after Archegos Capital Management's margin call hit the sector.
A rising interest rate spread - i.e. the difference between the interest rate banks pay to depositors and the interest they receive from borrowers - could give bank net margins and stocks a big boost in...
From March 26 to April 11, the S&P has risen 66% of the time for an average 18% gain or an expected return of 12%.
About a month ago, we highlighted a bearish divergence in the semiconductor ETF (SMH) that indicated a potential rotation away from this growth-oriented group into more value plays. That rotation played...
'Let them go down a little'—Cramer calls for a pause on financials
CNBC's Jim Cramer and David Faber discuss the financial sector and Jefferies Financial's Q1 2021 earnings results.
Bank stocks and financial sector-related exchange traded funds strengthened Wednesday after Treasury Secretary Janet Yellen claimed that U.S. banks are healthy enough to pay dividends and repurchase sto...
Financials downgraded on signal 10-year yields are near their peak
Canaccord's Tony Dwyer on why they downgraded the financials. With CNBC's Scott Wapner and the Fast Money traders, Steve Grasso, Jeff Mills, James McDonald and Nadine Terman.
US stocks end mixed session after Federal Reserve decision to not extend pandemic-era capital break for banks
4:05pm: US equities end mixed on Fed news US stocks ended a mixed session with the DJIA falling more than 200 points after a Federal Reserve's decision to not extend a pandemic-era capital break for ban...
Financial sector-related exchange traded funds were dealt a blow Friday after the Federal Reserve planned to end coronavirus pandemic relief that provided a temporary capital buffer for big banks. On Fr...
Investors will be closely watching demand for U.S. government securities in the coming months after the Federal Reserve declined to extend pandemic-related regulatory relief for big U.S. banks, which me...
Expecting a pullback in financials: Trader
CNBC's "Halftime Report" team discusses bank stocks, the market's trading session and more.
The Fed said it would not extend an emergency measure intended to facilitate lending due to the coronavirus pandemic. The post Bank Stocks Fall As Fed Ends This Pandemic-Era Relief Measure appeared firs...
With 10-year Treasury yields soaring, financial services stocks and funds like the Financial Select Sector SPDR (XLF) are back in style in a big way. This ETF, one of the powerhouse SPDR products, provi...
Bank stocks drop after Fed decision to not extend pandemic crisis rule
CNBC's Bob Pisani takes a look at the market right after the open and how markets performed this week.
Fed Will Let Significant Capital Break for Big Banks Expire
Mar.19 -- The Federal Reserve will let a significant capital break for big banks expire at month's end. Lenders were being allowed to load up on Treasuries and deposits without setting aside capital to ...
Federal Reserve will not renew capital relief for banks
The Federal Reserve has announced that the relief from the supplementary leverage ratio will expire March 31st. CNBC's Steve Liesman reports on the details.
Start nibbling on beaten down Big Tech names, says BTIG's Julian Emanuel
BTIG's Julian Emanuel says it's time to nibble on some Big Tech names. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Brian Kelly.
As banks free up their cash hoards accumulated during the coronavirus pandemic, financial sector-related ETFs could benefit from the increased loan activity. In the months ahead, banks are expected to l...
Goldman Sachs expects households to be the largest source of equity demand this year thanks to President Joe Biden's $1.9-trillion stimulus package.
Here's what's next for the bank sector
Bank stocks have come roaring back since their pandemic lows, experiencing a recent boost by rising yields and reopening optimism. CNBC's Wilfred Frost reports what's ahead for the sector.
Final Trades: XLF, BFT, LYV & WDC
The 'Fast Money' traders offer their final trades for the week.
Room for banks to outperform: Wilmington Trust's Meghan Shue
Meghan Shue, Wilmington Trust Investment Advisors head of investment strategy, and David Katz, Matrix Asset Advisors chief investment officer, to discuss their thoughts on the markets and banks in 2021....
Rising interest rates and economic stimulus have been a winning combination for bank stock investors in recent months. Since the beginning of November, the Financial Select Sector SPDR Fund (NYSE: XLF) ...
The COVID-19 pandemic sped up a transition in global payment types. With stay-home restrictions and general caution on the part of consumers, point-of-sale (POS) cash transactions fell by 32% globally i...
Final Trades: Energy (XLE), Financials (XLF), MercadoLibre & more
The "Halftime Report" traders give their top picks to watch for the second half.