|Bid||127.50 x 1100|
|Ask||127.50 x 900|
|Day's Range||126.93 - 128.26|
|52 Week Range||103.54 - 136.31|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.22|
|Expense Ratio (net)||0.10%|
Bullish chart patterns are becoming difficult to find, but active traders seem to be turning to the materials sector for good reason.
The materials sector is leading the way higher this month, trailing information technology, and is on track for the best monthly gain since October 2015, having climbed 9.5%.
The materials sector is one of the smallest sectors in the S&P 500 and as such, the group often goes overlooked. However, there are reasons for investors to give the Materials Select Sector SPDR (NYSEArca: ...
Basic materials is one of the weakest sectors this reporting cycle. But, it was unable to take the sheen away from material ETFs that are up nearly 1% over the past week.
The Materials Select Sector SPDR (NYSEArca: XLB), the largest exchange traded fund dedicated to that sector, is off more than 12% this month. Data indicate investors are not waiting around to see what ...
Materials stocks and sector-related ETFs were among the worst performers Tuesday after paint and coatings supplier PPG Industries (PPG) warned it will likely report weak third- and fourth-quarter results due to higher material costs and diminished demand from China. On Tuesday, the Materials Select Sector SPDR (XLB) fell 3.4%, iShares U.S. Basic Materials ETF (IYM) dropped 3.3%, Vanguard Materials ETF (VAW) declined 3.3% and Fidelity MSCI Materials Index ETF (FMAT) decreased 3.3%. The materials sector was dragged down by PPG Industries after the specialty materials supplier warned it expects to report weak third- and fourth-quarter results.