VanEck Steel ETF (SLX) Price, Holdings, & News

ETF Overview

Market Vectors Steel ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Steel Index (STEEL or the Index) by investing in a portfolio of securities that generally replicates STEEL. STEEL, calculated by the NYSE Alternext, is a modified market capitalization-weighted index consisting of publicly traded companies predominantly involved in the production of steel products or mining and processing of iron ore. The Index includes companies primarily involved in a variety of activities related to steel production, including the operation of manufacturing mills and fabrication of steel products. Companies eligible for inclusion in Index should be engaged in solar power and related products and services, deriving at least 66% of revenues from it with market cap exceeding $100 million, and should have three-month trading volume equal to or greater than $1 million per day. Its investment advisor is Van Eck Associates Corporation.

Key Stats

• Today's Range: $60.03 to $61.20
• 50-Day Range: $60.66 to $73.70
• 52-Week Range: $60.03 to $75.00
• Volume: 9,826 shs
• Average Volume: 12,085 shs
• Market Capitalization: $94.38 million
• Assets Under Management: $77.55 million
• Dividend Yield: 4.73%
• Net Expense Ratio: 0.56%
• Aggregate Rating: Hold

SLX ETF - Frequently Asked Questions

How have SLX shares performed this year?

VanEck Steel ETF's stock was trading at $73.76 on January 1st, 2024. Since then, SLX stock has decreased by 17.4% and is now trading at $60.89.
View the best growth stocks for 2024 here.

Who are VanEck Steel ETF's major shareholders?

VanEck Steel ETF's top institutional shareholders include Raymond James & Associates (11.27%), IHT Wealth Management LLC (0.37%), Jane Street Group LLC (0.27%) and Hazlett Burt & Watson Inc. (0.14%).

How do I buy shares of VanEck Steel ETF?

Shares of SLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of VanEck Steel ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that VanEck Steel ETF investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), PayPal (PYPL), Financial Select Sector SPDR Fund (XLF), Meta Platforms (META), Applied Materials (AMAT) and Capri (CPRI).

Fund Details

• Issuer: Van Eck
• Fund Name: VanEck Steel ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SLX
• Inception Date: 10/10/2006
• Fund Manager: Hao-Hung Peter Liao, Guo Hua Jason Jin
• Web: www.vaneck.com
• Phone: +1-800-8261115

Fund Focus

• Asset Class: Equity
• Benchmark: NYSE Arca Steel Index
• Category: Sector
• Focus: Materials
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 27

Fund Statistics

• Assets Under Management: $77.55 million
• Average Daily Volume: $6,204.90
• Discount/Premium: 0.07%

Administrator, Advisor and Custodian

• Administrator: Van Eck Associates Corporation
• Advisor: Van Eck Associates Corporation
• Custodian: State Street Bank and Trust Company
• Distributor: Van Eck Securities Corporation
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 2
• Put Options: 18
• Call Options: 2
• Short Interest: 6,000 shs

Miscellaneous

• Outstanding Shares: 1,550,000
• Beta: 1.27
• Creation Unit: 50,000
• Creation Fee: $1,000.00