The Industrial Select Sector SPDR Fund Registered $-129.22M Redemptions After -1.79% AUM Decrease

Today were reported The Industrial Select Sector SPDR Fund’s daily net flows. The ETF registered $-129.22M asset outflows for -1.79% decrease, reaching $7088.61M after yestarday’s trading session. The chart of The Industrial Select Sector SPDR Fund shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock increased 0.78% or $0.45 on September 28, hitting $58.32. It is down 11.34% since February 25, 2016 and is uptrending. It has outperformed by 0.08% the S&P500.

The ETF’s YTD performance is 11.7%, the 1 year is 16.8% and the 3 year is 12.23%.

The ETF’s average P/E ratio is 18.13, the price to book is 3.66, the price to sales is 1.57 and the price to cashflow is 10.19. The Industrial Select Sector SPDR Fund is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: General Electric Company Common for 11.00% of assets, 3M Company Common Stock for 5.77%, Honeywell International Inc. Co for 4.85%, Union Pacific Corporation Commo for 4.52%, United Technologies Corporation for 4.45%, Boeing Company (The) Common Sto for 4.19%, United Parcel Service Inc. Com for 3.97%, Lockheed Martin Corporation Com for 3.49%, Caterpillar Inc. Common Stock for 2.64%, General Dynamics Corporation Co for 2.46%. The ETF sector weights are: Basic Materials 0.68%, Consumer Cyclical 0.50%, Industrials 97.27%, Technology 1.54%. The ETF currently as 0% yield.

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