Today were published Energy Select Sector SPDR (ETF) (NYSEARCA:XLE)‘s daily net flows. The ETF registered $50.93M asset inflows for 0.31% increase, reaching $16316.89M after yestarday’s trading session. The chart of Energy Select Sector 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 1.23% or $0.88 during the last trading session, hitting $70.83. Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) has risen 3.21% since April 27, 2016 and is uptrending. It has underperformed by 2.02% the S&P500.
The ETF’s YTD performance is 16.02%, the 1 year is 3.82% and the 3 year is -5.04%.
The ETF’s average P/E ratio is 39.76, the price to book is 1.68, the price to sales is 1.4 and the price to cashflow is 9.12. Energy Select Sector 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: Exxon Mobil Corporation Common for 17.06% of assets, Chevron Corporation Common Stoc for 14.77%, Schlumberger N.V. Common Stock for 8.31%, Pioneer Natural Resources Compa for 5.03%, EOG Resources Inc. Common Stoc for 4.44%, Occidental Petroleum Corporatio for 3.56%, Halliburton Company Common Stoc for 3.47%, ConocoPhillips Common Stock for 2.91%, Spectra Energy Corp Common Stoc for 2.88%, Kinder Morgan Inc. Common Stoc for 2.87%. The ETF sector weights are: Energy 100.00%. The ETF currently as 0% yield.
More notable recent Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) news were published by: Marketwatch.com which released: “Oil and energy ETFs sink ahead of pivotal OPEC summit” on November 29, 2016, also Benzinga.com with their article: “Andrew Keene’s Bearish XLE ETF Trade” published on November 22, 2016, Nasdaq.com published: “Mid-Day ETF Update: ETFs, Stocks Hold on To Gains as Upbeat Economic Data …” on November 29, 2016. More interesting news about Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) were released by: Forbes.com and their article: “Wednesday Sector Leaders: Energy, Industrial” published on November 23, 2016 as well as Seekingalpha.com‘s news article titled: “Clean energy in the Trump era” with publication date: November 23, 2016.
XLE Company Profile
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Energy Select Sector of the S&P 500 Index (the Index). The Index includes companies that primarily develop and produce natural gas and crude oil, and provide drilling and other energy-related services.
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