Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial
NYSEARCA:XLE

Energy Select Sector SPDR Fund (XLE) Price, Holdings, & News

$88.98
+1.08 (+1.23%)
(As of 09/19/2024 ET)

About Energy Select Sector SPDR Fund (NYSEARCA:XLE)

Key Stats

Today's Range
$88.48
$89.96
50-Day Range
$84.32
$93.39
52-Week Range
$78.98
$98.97
Volume
18.90 million shs
Average Volume
15.19 million shs
Market Capitalization
$38.56 billion
Assets Under Management
$35.39 billion
Dividend Yield
3.62%
Net Expense Ratio
0.09%
Aggregate Rating
Moderate Buy

ETF Overview

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc.

Energy Select Sector SPDR Fund Expenses

TypeXLEEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.67%0.55%0.51%0.52%
Other Expenses0.06%0.29%0.49%0.58%0.54%
Total Expense0.09%0.76%0.71%0.73%0.71%
Fee Waiver0.00%-0.15%-0.52%-0.68%-0.58%
Net Expense0.09%0.76%0.61%0.58%0.59%

XLE ETF News Headlines

Growth plants economic on stack of coins on report paper analyze performance financial graph funding with calculate for investment business. Investment and Saving Concept
Analysts Recommend These 3 Sector ETFs for Long-Term Growth (XLE)
Check out these sector ETFs that have the most upside now, based on Wall Street analyst sector ratings and price targets.
The oil pump, industrial equipment
2 Energy Stocks to Watch for Bargain Buy Levels (XLE)
The energy sector (XLE) has dropped nearly 13% from its 52-week highs, driven recently by falling oil prices, pushing some stocks into deep-value territory.
Why You Should NOT Trade This Market
You'll be interested in our 5-Day Options Trading Challenge, starting September 23. So, what makes this different from every other options research you may have seen? Well, for starters... most of them want you to first BUY their service... which is usually thousands of dollars...
STUTTGART, GERMANY - Jun 07, 2021: Person holding mobile phone with logo of US company Occidental Petroleum Corporation (OXY) on screen in front of web page. Focus on phone display. - Stock Editorial Photography
Why Analysts See Big Upside for Occidental Petroleum Despite Lows (XLE)
Investors worried about the recent sell-offs in Occidental Petroleum stock should consider if this is now a buying opportunity.
Sector Update: Energy Stocks Rise Late Afternoon
See More Headlines

XLE ETF - Frequently Asked Questions

Energy Select Sector SPDR Fund's stock was trading at $83.84 at the beginning of the year. Since then, XLE stock has increased by 6.6% and is now trading at $89.34.
View the best growth stocks for 2024 here
.

Energy Select Sector SPDR Fund's top institutional shareholders include Austin Private Wealth LLC, LPL Financial LLC (1.87%), Susquehanna International Group LLP and Envestnet Asset Management Inc. (0.72%).

Shares of XLE 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Energy Select Sector SPDR Fund investors own include NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Exxon Mobil (XOM), Walt Disney (DIS), Netflix (NFLX) and AT&T (T).

Fund Details

Issuer
SSgA
Fund Name
Energy Select Sector SPDR Fund
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:XLE
Inception Date
12/16/1998
Fund Manager
Mike Feehily, Karl Schneider, David Chin

Fund Focus

Asset Class
Equity
Benchmark
S&P Energy Select Sector Index
Category
Sector
Focus
Energy
Development Level
Developed Markets
Region
North America
Number of Holdings
28

Fund Statistics

Assets Under Management
$35.39 billion
Average Daily Volume
$14.09 million
Discount/Premium
-0.02%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
SSgA Funds Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
ALPS Portfolio Solutions Distributor, Inc.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Citadel

Options

Optionable
Optionable
Options Volume
105,345
Put Options
43,958
Call Options
61,387
Short Interest
28,160,000 shs

Miscellaneous

Beta
0.48
Creation Unit
50,000
Creation Fee
$500.00

Should I Buy Energy Select Sector SPDR Fund Stock? XLE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Energy Select Sector SPDR Fund pros and cons to contact@marketbeat.com.

Energy Select Sector SPDR Fund
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Energy Select Sector SPDR Fund:

  • Energy sector showing signs of recovery with increasing demand for oil and gas.
  • Energy Select Sector SPDR Fund has a history of providing competitive dividend yields to investors.
  • Current stock price of Energy Select Sector SPDR Fund is relatively low, presenting a potential buying opportunity.
  • Positive outlook for energy equipment and services industry due to infrastructure development projects.
  • Energy Select Sector Index companies are well-positioned to benefit from rising energy prices.

Energy Select Sector SPDR Fund
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Energy Select Sector SPDR Fund for these reasons:

  • Volatility in energy prices could impact the fund's performance and investor returns.
  • Regulatory changes and environmental concerns may pose risks to energy sector companies.
  • Competition within the energy sector could lead to margin pressures for companies in the Index.
  • Global economic uncertainties may affect energy demand and prices, impacting the fund's performance.
  • Dependency on geopolitical factors for energy supply and demand could introduce instability to the sector.

Top 10 XLE Holdings

XLE Sector Exposure

XLE Industry Exposure


This page (NYSEARCA:XLE) was last updated on 9/19/2024 by MarketBeat.com Staff
From Our Partners