XLF - Financial Select Sector SPDR Fund

NYSEArca - Nasdaq Real Time Price. Currency in USD
27.07
-0.12 (-0.44%)
As of 3:04PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close27.19
Open27.05
Bid27.08 x 396000
Ask27.09 x 1000
Day's Range26.95 - 27.11
52 Week Range22.05 - 29.07
Volume19,963,872
Avg. Volume53,257,746
Net Assets25.85B
NAV26.93
PE Ratio (TTM)N/A
Yield1.88%
YTD Return14.15%
Beta (3Y Monthly)1.03
Expense Ratio (net)0.13%
Inception Date1998-12-16
Trade prices are not sourced from all markets
  • ETF Database1 hour ago

    Buy on the Dip Prospects: May 22 Edition

    Below is a look at ETFs that currently offer attractive buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term 'buy on the dip' opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.

  • ‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soon
    MarketWatch5 days ago

    ‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soon

    Prominent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after a whipsawing period for the major indexes. But it’s not entirely clear that investors will see records in the immediate term.

  • MarketWatch6 days ago

    Marsh & McLennan boosts dividend by nearly 10%

    Marsh & McLennan Companies said Thursday it will raise its quarterly dividend by 9.6%, to 45.5 cents a share from 41.5 cents. The new dividend will be payable Aug. 15 to shareholders of record on July 11. The financial services company's stock rose 1.4% in morning trade. Based on current price, the new annual dividend rate implies a dividend yield of 1.89%, which compares with the yield for the SPDR Financial Select Sector ETF of 1.94% and the implied yield for the S&P 500 of 1.99%, according to FactSet. Marsh & McLennan's stock has climbed 20.5% year to date, while the financial ETF has advanced 13.9% and the S&P 500 has gained 15.2%.

  • Benzinga6 days ago

    A Star Among Financial Services ETFs

    After slumping last year, the financial services is sector is on the path to redemption this year as highlighted by a year-to-date gain of nearly 13 percent for the Financial Select Sector SPDR (NYSE: ...

  • MarketWatch7 days ago

    Bank of America raised minimum wage to $17/hour, to keep raising to $20/hour

    Bank of America Corp. said Wednesday it will raise its minimum hourly wage to $20 over a two-year period. The first incremental increase was to $17, which was made on May 1 and will be reflected in this week's paychecks. The rate will continue to increase until it reaches $20 in 2021. "We have raised our minimum wage because we believe that to best serve our customers and clients, we need the best teams," said Sheri Bronstein, chief human resources officer. The stock, which fell 1.0% in premarket trade amid a selloff in the broader stock market, has rallied 16.2% year to date through Tuesday, while the SPDR Financial Select Sector ETF has climbed 12.9% and the S&P 500 has gained 13.1%.

  • ETF Trends14 days ago

    Services-Related ETFs Could Standout in a Prolonged Trade War

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  • Energy Subsectors: Analyzing the Downside
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    Energy Subsectors: Analyzing the Downside

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    17 Highly Targeted Sector ETFs for Late Business Cycle

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  • InvestorPlace21 days ago

    5 Best ETFs to Make Some Bank on Financial Stocks

    April has drawn to a close and on the back of some solid first-quarter earnings reports, the financial services sector, the S&P 500's third-largest sector weight, delivered impressive gains in the fourth month of the year. The Financial Select Sector SPDR (NYSEARCA:XLF), the largest financial services exchange-traded fund (ETF) by assets, gained more than 9% in April.The financial services sector is considered a value play, not a growth segment, such as consumer discretionary or technology, but financials are a cyclical group and strength in this segment is widely viewed as advantageous for broader equity markets."A strong U.S. economy is naturally good for business: Most of the banks saw bigger-than-expected gains in consumer lending, deposits, and credit card spending," reports Barron's.InvestorPlace - Stock Market News, Stock Advice & Trading TipsData suggest investors are renewing their enthusiasm for financial services funds. While bank funds were among April's best ETFs, some were also the most popular ETFs to start the second quarter. As of April 29, XLF had monthly inflows of $1.39 billion, a total surpassed by just five other ETFs. * 10 Times Apple's Hardware Failed Consumers -- And Hurt Its Business For investors looking to make some bank with bank funds, these are some of the best ETFs to consider. SPDR S&P Bank ETF (KBE)Expense Ratio: 0.35%, or $35 annually per $10,000 investedThe financial services sector includes more than just banks, but for investors looking to focus on traditional banks, the SPDR S&P Bank ETF (NYSEARCA:KBE) is one of the best ETFs to consider.Home to 88 stocks, KBE provides "exposure to the bank segment of the S&P TMI, which comprises the following sub-industries: asset management & custody banks, diversified banks, regional banks, other diversified financial services and thrifts & mortgage finance sub-industries," according to State Street.KBE, which added $84.22 million in April (as of April 29), equally weights its components, a strategy that can lower single-stock risk. Familiar names among the fund's top 10 holdings include Citigroup (NYSE:C) and JPMorgan Chase (NYSE:JPM). Both of those banks delivered first-quarter results that beat Wall Street estimates.Citigroup has been buying back its shares at a brisk pace and looking to cut costs -- two strategies that boosted the bank's first-quarter results. Global X MSCI China Financials ETF (CHIX) Expense Ratio: 0.65%Obviously, the Global X MSCI China Financials ETF (NYSEARCA:CHIX) is a play on Chinese banks, making it one of the best ETFs for investors looking to add some international diversification to U.S.-heavy financial services positions. CHIX is also one of this year's best ETFs in the financial services space with a year-to-date gain of just over 20%.China is the world's second-largest economy and stocks there are among this year's emerging markets leaders, explaining why CHIX is one of the best ETFs in the financial services segment. Bank stocks are integral parts of many traditional China funds, indicating that CHIX is a, somewhat overlooked, tell on what to expect from China ETFs over the near- to medium-term.Amid soaring first-quarter loan activity, China's major banks recently reported solid earnings. * 10 A-Rated Stocks the Smart Money Is Piling Into On April 29, "Industrial & Commercial Bank of China Ltd., Bank of China Ltd., China Construction Bank Corp. and Bank of Communications Co. posted higher net income. Including Agricultural Bank of China Ltd., which reported last week, rises at the big five clustered in a range from 4.1 percent to 4.9 percent," reports Bloomberg. iShares U.S. Regional Banks ETF (IAT)Expense Ratio: 0.43%Last year, regional bank stocks and funds sorely disappointed investors as the Federal Reserve boosted interest rates four times. As highlighted by the iShares U.S. Regional Banks ETF (NYSEARCA:IAT), which is up about 20% this year, the regional bank picture is brightening in 2019.The more sanguine interest rate outlook coupled with speculation of increased consolidation is among the factors making regional bank ETFs, such as IAT, some of this year's best ETFs. Currently, BB&T Corp. (NYSE:BBT) and SunTrust (NYSE:STI), IAT's third- and fourth-largest holdings, respectively, are discussing a merger, stoking speculation more regional bank consolidation is on the way.Regional banks are heavily dependent on strength in the broader U.S. economy. Robust economic activity combined with steady or declining interest rates, which can boost demand for mortgage loans, are among the factors investors need to consider with a fund such as IAT. Oppenheimer S&P Financials Revenue ETF (RWW)Expense Ratio: 0.45%Many traditional financial services ETFs, such as the aforementioned XLK, are cap-weighted and there are a few, such as KBE, that are equally weighted. The Oppenheimer S&P Financials Revenue ETF (NYSEARCA:RWW) is one of the best ETFs for investors looking for a different view on the financial services sector. Specifically, this ETF weights its components by revenue.Home to 69 stocks, RWW tracks the S&P 500 Financials Sector Revenue-Weighted Index. This year, it has been hard to argue with RWW's revenue-weighted methodology. The fund is one of the best ETFs in this category with a year-to-date gain of 18.44%."Revenue weighting offers diversified equity market exposure but, by weighting companies based on their revenue, rather than their stock price, it increases the strategy's exposure to attractively valued stocks compared to a market-cap-weighted index," according to Oppenheimer. * 7 Cheap ETFs for Novice Investors Due to the revenue weighting, RWW allocates more than 15% of its weight to one stock: Berkshire Hathaway (NYSE:BRK.B). iShares MSCI Europe Financials ETF (EUFN)Expense Ratio: 0.48%The iShares MSCI Europe Financials ETF (NASDAQ:EUFN) is one of the best ETFs for risk-tolerant investors seeking international financial services exposure. EUFN has been one of the best ETFs for tactical exposure to Europe this year, but it is also one of the most volatile Europe funds. EUFN has a three-year standard deviation of almost 18%, well above the comparable metric on standard developed markets funds.Investors in EUFN are compensated for the fund's volatility and other risks with a trailing 12-month dividend yield of just over 6%, but European bank earnings have not been nearly as good as what has been seen in the U.S. and China and some banks in Europe are not as financially sturdy as their U.S. counterparts."Unfortunately, many of European banks' woes are of their own making," reports Forbes. "A host of regulatory and legal fines and ongoing money laundering investigations of several banks do not bode well for European earnings."Bottom line: EUFN is not for the faint of heart, but it may be one of the best ETFs for bank investors with a big flair for risk.Todd Shriber owns shares of XLF. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 Stocks That Are Soaring This Earnings Season * 5 Biotech Stocks for a Long-Lived Portfolio * 10 Times Apple's Hardware Failed Consumers -- And Hurt Its Business Compare Brokers The post 5 Best ETFs to Make Some Bank on Financial Stocks appeared first on InvestorPlace.

  • Benzinga21 days ago

    Best Sector ETFs For May: An Interesting Mix

    Investors often believe May brings with it potential downside for stocks, but over the past two decades, the S&P 500 has averaged May gains of 0.30 percent. What comes after May can be trying for investors, ...

  • April ETF Asset Report: U.S. Equities & Treasuries Win
    Zacks21 days ago

    April ETF Asset Report: U.S. Equities & Treasuries Win

    U.S. equities and treasuries raked in a solid asset base in April.

  • ETF Trends21 days ago

    3 Financial ETFs for Broad Industry Exposure

    The S&P 500 Financials Sector index is up over 17 percent year-to-date thanks to better-than-expected earnings in the first quarter from banks. “I would go back to XLF, and here’s why,” said Tim Seymour, founder and chief investment officer of Seymour Asset Management, during CNBC’s “Fast Money.” “You have the money center banks, which make up 35% of this ETF, and then you have Berkshire Hathaway, which, frankly, I think you could strip out of there.

  • ETF Trends22 days ago

    How Sectors Can Help with a Changing Market

    Sectors can be an efficient tool to help advisors get a leg up on a changing market. In this upcoming webcast, gain insight on navigating sector investing in the late business cycle and how to best diversify ...

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    ETF Roster for TD Ameritrade’s 24-Hour Trading Program Growing

    With a wealth of information available to investors at the drop of a dime, they can make quick trading decisions during and after market hours with TD Ameritrade’s 24/5 trading feature. The program continues ...

  • Banking Earnings Mixed, ETFs Gain Moderately
    Zackslast month

    Banking Earnings Mixed, ETFs Gain Moderately

    Banking earnings have been pretty mixed so far in the first quarter but the related ETFs have gained in the key reporting spell.

  • Cyclical stocks are back in vogue as recession fears fade
    MarketWatchlast month

    Cyclical stocks are back in vogue as recession fears fade

    Investors have all but abandoned sectors considered defensive in favor of cyclical stocks that perform better during periods of healthy growth.

  • Why You Should Buy and Hold American Express Stock
    InvestorPlacelast month

    Why You Should Buy and Hold American Express Stock

    Although this year the stock market sentiment is in a much better state, the banks still have their reputation that they cannot hold their rallies. But therein lies part of the opportunity in American Express (NYSE:AXP) stock today.Source: Marcus Quigmire Via FlickrThis round of bank earnings has so far gone much better than the last one. There is some chatter about a sustainable rally in their stocks. On Tuesday we even saw a flip from red to green in stocks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM).This hasn't happened in a while, so perhaps the trend that banks can't hold their greens is dying. If so then this will provide a lift to AXP stock as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, transaction companies like AXP, Visa (NYSE:V), MasterCard (NYSE:MA) and Square (NYSE:SQ) rally in sympathy with money center banks. So if the Financial Select Sector SPDR Fund (NYSEARCA:XLF) rallies then so will the transactors like AXP.In addition, AXP is an excellent financial stock that has proven over the years that they can manage through adversity. Case in point was the debacle over losing the Costco (NASDAQ:COST) account. The stock suffered for a while but has since set new all-time highs.I was lucky to ride the last mega breakout in AXP from the December lows. American Express rallied over 25% so today I am trying to catch the next opportunity. Usually, I consider these technical opportunities tactical trades but this one doubles as a long term conviction investment. This is a stock I want to own for the long term. * 10 Best Stocks to Buy and Hold Forever The reaction this morning is slightly negative from the earnings. Management reported a boring quarter where they barely beat the bottom line and narrowly missed sales. The forward guidance was in line so they gave traders nothing to cheer. So AXP will move in line with the overall equity market for now.So if this rally in stocks continues, then AXP stock has the opportunity to break out from $114.40 to target another $10 run from there. There will be resistance there but if the bulls can close above it then the bears will be tired so the stock will overshoot higher.The macroeconomic condition still favors the bullish thesis. We do have threats from lingering headlines of tariff wars. But as we approach another round of elections means that those deals will happen so we go back to trading the profit and loss statements rather than headlines.Most importantly, the threat from the Federal Reserve inverting the curve has disappeared. They have affirmed that they won't cause the short term rates rise above the long term rates so this relives fears for banks. The steeper the curve the better are their profits.For American Express stock, the short term price action from the earnings headline is meaningless for the long term. All global transactions will be electronic so the demand on their services will continue to increase. There are only but a few companies that serve this market and they are a global household name. So they are well set to continue to prosper for years.Then there is the China market opportunity. The U.S. and China are nearing a deal where companies like AXP could have a new opportunity become available in the largest market on the planet.The short term technical threat for AXP stock is at $108 per share. If the bears push price below it they could target $102 per share. This is not a forecast but it is a scenario that could unfold in the next few weeks. But even then, this won't change the overall opportunity for the long term.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Why You Should Buy and Hold American Express Stock appeared first on InvestorPlace.

  • MarketWatchlast month

    U.S. stocks eke out gains but UnitedHealth's stock slump weighs on health-care sector

    U.S. stock indexes on Tuesday managed slight gains, led by a sharp advance in the financials sector, but limited by declines among some of the nation's largest health-care providers. The Dow Jones Industrial Average advanced 68 points, or 0.3%, at 26,452.45 (on a preliminary basis), the S&P 500 index edged up less than 0.1% to 2,907, as the Health Care Select Sector SPDR ETF, as measured by the health-care focused exchange-traded fund, declined by 2.1%, while the financial sector ETF, the Financial Select Sector SPDR ETF, climbed 1.4%, to lead the broad-market. UnitedHealth Group Inc. was in particular focus after Sen. Bernie Sanders called out the compensation of the CEO of the company's health-care unit UnitedHealthcare in a tweet. Shares ended down 4.1%, delivering a headwind to the Dow of which it is a component.

  • Bank of America’s stock takes a hit after a warning on net interest income
    MarketWatchlast month

    Bank of America’s stock takes a hit after a warning on net interest income

    Shares of Bank of America Corp. took a dive in early trading Tuesday, after a warning that growth in net interest income for the year will fall short of expectations, as a slowing economy caps longer-term interest rates.

  • MarketWatchlast month

    Bank of America steps up stock repurchases as prices rose

    Bank of America Corp. said it repurchased $6.3 billion worth of its shares during the first quarter, as the shares surged, compared with $5.2 billion in buybacks in the fourth quarter. The bank didn't provide details at what prices it bought its shares during the first quarter, but the stock rose 12.0% during the quarter with a volume-weighed average price (VWAP) of $28.25. The stock closed Monday at $29.84. During the fourth quarter, the stock tumbled 16.4%, and Bank of America said it repurchased 194,391 shares at a weighted-average price of $26.92. The stock slumped 1.5% in premarket trade Tuesday, after Bank of America reported first-quarter earnings that beat expectations but revenue that fell short. The stock has slipped 0.3% over the past 12 months through Monday, while the SPDR Financial Select Sector ETF has lost 2.2% and the S&P 500 has gained 8.5%.

  • S&P 500 Sector SPDR Preview: What to Watch This Week
    InvestorPlacelast month

    S&P 500 Sector SPDR Preview: What to Watch This Week

    Understanding what levels and trends are important can lead to successful trading.In financial markets, there are certain price levels that are more significant than others with regards to the amount of supply and demand that exists at them. In addition, prices are always doing one of three things. They are either going up, going down or staying the same. If you understand these dynamics it would help your trading or investing strategies.Don't waste your time with things like Gann Theory, Harmonic Patterns or Elliot Waves. These things are like Bigfoot and UFOs … fun to talk about but hardly credible. I can tell you that in the 20 years I spent as a hedge fund trader, not once did I ever hear a portfolio manager or trader talk about them. What do successful traders look at? Important levels and trends.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 7 Best Long-Term Stocks for 2019 And Beyond I think that the S&P 500 will be neutral to slightly down this week. This is because many of the economic sectors that make up the S&P 500 are overbought and are at resistance levels.S&P 500 SPDR: The SPYs are overbought and near levels that were resistance in the past. There will probably be resistance around the $293 level because it is where the top was in September and October.If they head lower there will probably be support around $280. The $280 level is important because it was resistance during last March, June and again from October through December. It was also support throughout last July.Technology SPDR: The XLKs are overbought and testing important resistance. There is resistance around the $76 level because this is where the highs were last August through October. If they head lower there will probably be support around the $72 level because it was the top of the recent range.Financials SPDR: The XLFs hit resistance around the $27 level. They are slightly overbought. The levels between $27 and $27.50 have been the top of the range since November.Healthcare SPDR: The XLVs are at the bottom of the range that they have been in since February. The action over the past two days has been very weak. If they head lower there may be support around $86.50. It was the top in March and the bottom in October of 2018.Consumer Discretionary SPDR: The XLYs testing resistance around the October highs. They are very overbought, so there will probably be some consolidation or profit-taking. If they head lower there will probably be support around $111 because it was a resistance level from early December through March.Industrials SPDR: The XLIs broke their short-term downtrend and are consolidating around the $77 level. Longer-term, there may be resistance around the $80 level because it is where the highs were in January and September of 2018. There may be support again around $71 because it is where the lows were in late 2017 and the first half of 2018.Consumer Staples SPDR: The XLPs are testing resistance around the levels that were the highs at the end of last year. They are slightly overbought. They found support around the $50 level during the selloff at the end of December. This level was the low in 2016, and the top of the range throughout 2015.Consumer Staples SPDR Long-Term: The XLPs recently found support again around the very important $50 level. This level was the low in 2016, and the top of the range throughout 2015. It was also the top of the range during this past May.Energy SPDR: The XLEs seem to be breaking the resistance around the $66.50 level. This level has been resistance for the past two months. There is resistance around this level because it was support in early 2018.Energy SPDR Long-Term: The XLEs could be breaking resistance around the $66.50 level. There is resistance here because it was support a year ago. The $78 level is important long-term resistance. The levels around $55 are important long-term support.Materials SPDR: The XLBs are testing resistance around the $58 level. This level was the bottom of the range from last June through September. They are very overbought. The last two times that they were this overbought, in September and February, a selloff followed.Utilities SPDR: The XLUs broke their recent uptrend after becoming overbought and are consolidating. There is support around the $57 level because this is where the highs were in December. In September and then again in late December and early January they found support around the $52 level.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post S&P 500 Sector SPDR Preview: What to Watch This Week appeared first on InvestorPlace.

  • Why 16-year-olds may want to start saving for retirement
    Yahoo Finance Video2 days ago

    Why 16-year-olds may want to start saving for retirement

    Higher education has led to increased student debt, according to the Wall Street Journal, which comes as the Senate Finance Committee heard testimony last week about lowering the retirement savings age to 16-years-old. Yahoo Finance's Zack Guzman and Brian Cheung are joined by Michelle McKinnon, Payne Capital Management Senior Financial Adviser, and Chris Carosa, “From Cradle To Retirement: The Child IRA” author, to discuss.

  • The IRS paid whistleblowers a record $312M in 2018
    Yahoo Finance Video26 days ago

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    The IRS is paying big rewards to whistleblowers, with a record $312 million being paid out to tipsters in 2018. Yahoo Finance's Zack Guzman and Sibile Marcellus are joined by Nan Hayworth, Independent Women's Forum Board Member and former Congresswoman, to discuss.