Today were published Technology SPDR (ETF) (NYSEARCA:XLK)‘s daily net flows. The ETF registered $143.51M asset inflows for 1.12% increase, reaching $13012.12M after yestarday’s trading session. The chart of Technology SPDR (ETF) shows positive 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 inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF decreased 0.40% or $0.19 on November 23, hitting $47.8. Technology SPDR (ETF) (NYSEARCA:XLK) has risen 10.04% since April 22, 2016 and is uptrending. It has outperformed by 4.63% the S&P500.
The ETF’s YTD performance is 12.29%, the 1 year is 10.74% and the 3 year is 14.21%.
The ETF’s average P/E ratio is 19.76, the price to book is 4.07, the price to sales is 3.02 and the price to cashflow is 11.08. Technology SPDR (ETF) 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: Apple Inc. for 13.74% of assets, Microsoft Corporation for 10.49%, Facebook Inc. for 6.83%, Alphabet Inc. for 5.36%, Alphabet Inc. for 5.21%, AT&T Inc. for 5.08%, Intel Corporation for 3.72%, Verizon Communications Inc. Com for 3.64%, Visa Inc. for 3.51%, Cisco Systems Inc. for 3.48%. The ETF sector weights are: Consumer Cyclical 0.69%, Financial Services 7.63%, Communication Services 9.58%, Industrials 2.64%, Technology 79.45%. The ETF currently as 0% yield.
More notable recent Technology SPDR (ETF) (NYSEARCA:XLK) news were published by: Etfdailynews.com which released: “What’s The Difference Between All These Technology ETFs?” on November 21, 2016, also Nasdaq.com with their article: “The Zacks Analyst Blog Highlights: SPDR S&P Technology Hardware ETF, SPDR S&P …” published on November 18, 2016, Seekingalpha.com published: “Valuation Dashboard: Technology And Telecom – Update” on November 10, 2016. More interesting news about Technology SPDR (ETF) (NYSEARCA:XLK) were released by: Forbes.com and their article: “Monday Sector Laggards: Technology & Communications, Healthcare” published on November 14, 2016 as well as Nasdaq.com‘s news article titled: “Mid-Day ETF Update: ETFs, Stocks Off Session Highs as Crude Oil Prices Turn …” with publication date: November 22, 2016.
XLK Company Profile
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.
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