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NYSEARCA:XLK

Technology Select Sector SPDR Fund (XLK) Price, Holdings, & News

$217.17
-2.00 (-0.91%)
(As of 09/18/2024 ET)

About Technology Select Sector SPDR Fund (NYSEARCA:XLK)

Key Stats

Today's Range
$216.96
$221.26
50-Day Range
$197.36
$234.22
52-Week Range
$159.50
$238.14
Volume
6.37 million shs
Average Volume
6.00 million shs
Market Capitalization
$68.17 billion
Assets Under Management
$68.04 billion
Dividend Yield
0.59%
Net Expense Ratio
0.09%
Aggregate Rating
Moderate Buy

ETF Overview

Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index. Sector SPDR Trust SBI Interest's investment advisor is SSgA Funds Management, Inc.

Technology Select Sector SPDR Fund Expenses

TypeXLKInformation Technology ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.53%0.55%0.51%0.52%
Other Expenses0.06%0.28%0.49%0.58%0.54%
Total Expense0.09%0.66%0.71%0.73%0.71%
Fee Waiver0.00%-0.27%-0.52%-0.68%-0.58%
Net Expense0.09%0.59%0.61%0.58%0.59%

XLK 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 (XLK)
Check out these sector ETFs that have the most upside now, based on Wall Street analyst sector ratings and price targets.
 Dell computer corporate facility and logo. Dell Inc. is a multinational computer technology company.
Why Dell Can Continue Winning in AI and Beyond (XLK)
Dell Technologies is transitioning its business to cater to AI-demand. Its strong pipeline of deals is a good sign for future demand.
War on Elon Escalates…
Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
hand using the smart mobile phone with happiness action to Fingerprint scan for authentication to unlock security,
Expanding Its "Partner Ecosystem" Could Reignite Growth at OKTA (XLK)
OKTA is moving closer to non-adjusted profitability, but revenues continue to slow. Its partner ecosystem may be able to reinvigorate growth.
Technology Select Sector Spdr Fund Share Chat
XLK Should Rally Hard Into Year-End, But Not Just Yet
See More Headlines

XLK ETF - Frequently Asked Questions

Technology Select Sector SPDR Fund's stock was trading at $192.48 at the beginning of the year. Since then, XLK stock has increased by 12.8% and is now trading at $217.17.
View the best growth stocks for 2024 here
.

Top institutional investors of Technology Select Sector SPDR Fund include Envestnet Asset Management Inc. (1.73%), Ameriprise Financial Inc. (1.34%), Raymond James & Associates (1.12%) and Truist Financial Corp (0.90%).

Shares of XLK 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 Technology Select Sector SPDR Fund investors own include NVIDIA (NVDA), AT&T (T), Intel (INTC), Financial Select Sector SPDR Fund (XLF), Verizon Communications (VZ), Johnson & Johnson (JNJ) and Bank of America (BAC).

Fund Details

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

Fund Focus

Asset Class
Equity
Benchmark
S&P Technology Select Sector Index
Category
Sector
Focus
Information Technology
Development Level
Developed Markets
Region
North America
Number of Holdings
72

Fund Statistics

Assets Under Management
$68.04 billion
Average Daily Volume
$4.97 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
Jane Street

Options

Optionable
Optionable
Options Volume
7,132
Put Options
3,913
Call Options
3,219
Short Interest
7,450,000 shs

Miscellaneous

Beta
1.35
Creation Unit
50,000
Creation Fee
$500.00

Should I Buy Technology Select Sector SPDR Fund Stock? XLK 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 Monday, September 9, 2024. Please send any questions or comments about these Technology Select Sector SPDR Fund pros and cons to contact@marketbeat.com.

Technology Select Sector SPDR Fund
Bull Case

green Wall Street bull icon

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

  • Technology Select Sector SPDR Fund has shown consistent growth in line with the performance of the Technology Select Sector of the S&P 500 Index, providing investors with exposure to a dynamic and innovative industry.
  • With the increasing reliance on technology in various sectors, investing in Technology Select Sector SPDR Fund offers diversification and potential for long-term growth.
  • Recent advancements in information technology, semiconductor products, and telecommunication services have driven the sector's growth, presenting opportunities for investors in Technology Select Sector SPDR Fund.
  • Investors may benefit from the fund's passive investment approach, which aims to replicate the performance of the Technology Select Sector of the S&P 500 Index, reducing active management fees and enhancing overall returns.
  • Considering the current stock price of Technology Select Sector SPDR Fund, which reflects the market's valuation of the sector, investors can make informed decisions based on the fund's pricing.

Technology Select Sector SPDR Fund
Bear Case

red Wall Street bear icon

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

  • The technology sector is known for its volatility, and investing in Technology Select Sector SPDR Fund may expose investors to fluctuations in stock prices and market conditions.
  • Regulatory changes and geopolitical factors can impact technology companies within the fund, leading to uncertainties and potential risks for investors.
  • Competition within the technology sector is intense, and companies represented in Technology Select Sector SPDR Fund may face challenges in maintaining market share and profitability.
  • Market sentiment and macroeconomic conditions can influence the performance of the technology sector, affecting the returns of Technology Select Sector SPDR Fund and investor portfolios.
  • Investors should consider their risk tolerance and investment goals when evaluating Technology Select Sector SPDR Fund, as the sector's performance can be influenced by various external factors beyond the fund's control.

Top 10 XLK Holdings

XLK Sector Exposure

XLK Industry Exposure


This page (NYSEARCA:XLK) was last updated on 9/18/2024 by MarketBeat.com Staff
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