ETF Worth Watching: The Industrial Select Sector SPDR Fund Assets Now 11.37% Due To $828.53M Net Inflows

ETF Worth Watching: The Industrial Select Sector SPDR Fund Assets Now 11.37% Due To $828.53M Net Inflows

Today were released The Industrial Select Sector SPDR Fund (NYSEARCA:XLI)‘s weekly net flows. The ETF registered $828.53M weekly asset inflows for 11.37% increase, reaching $8112.43M last week. The chart of The Industrial Select Sector SPDR Fund shows positive weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 0.18% or $0.11 on November 11, hitting $61.05. The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) has risen 10.90% since April 12, 2016 and is uptrending. It has outperformed by 5.92% the S&P500.

The ETF’s YTD performance is 11.91%, the 1 year is 19.64% and the 3 year is 10.19%.

The ETF’s average P/E ratio is 18.07, the price to book is 3.66, the price to sales is 1.57 and the price to cashflow is 10.17. 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 10.40% of assets, 3M Company Common Stock for 5.78%, Honeywell International Inc. Co for 4.95%, Union Pacific Corporation Commo for 4.68%, United Technologies Corporation for 4.35%, Boeing Company (The) Common Sto for 4.22%, United Parcel Service Inc. Com for 4.07%, Lockheed Martin Corporation Com for 3.39%, Caterpillar Inc. Common Stock for 2.93%, General Dynamics Corporation Co for 2.57%. The ETF sector weights are: Basic Materials 0.67%, Consumer Cyclical 0.47%, Industrials 97.33%, Technology 1.53%. The ETF currently as 0% yield.

More important recent The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) news were published by: Investorplace.com which released: “Trade of the Day: Industrial Select Sector SPDR Fund (NYSEARCA:XLI)” on November 11, 2016, also Etfdailynews.com published article titled: “Inside the Death of American Manufacturing”, Zacks.com published: “5 Stocks to Watch on Icahn amp; Paulson’s Gain from Trump Win” on November 10, 2016. More interesting news about The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) was released by: Thestreet.com and their article: “Bear Alert: There Are No Safe Havens Among S&P Sectors” with publication date: November 07, 2016.

XLI Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Industrial Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies.

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