Today were released Industrial Select Sector SPDR ETF (XLI)’s weekly net flows. The ETF registered $-123.08M weekly asset outflows for -1.87% decrease, reaching $6473.78M last week. The chart of Industrial Select Sector SPDR ETF (XLI) shows negative 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 outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock decreased 1.70% or $0.91 on December 11, hitting $52.6. Sector Spdr Trust Sbi (NYSEARCA:XLI) has declined 6.95% since May 11, 2015 and is downtrending. It has underperformed by 2.54% the S&P500. More news for Sector Spdr Trust Sbi (NYSEARCA:XLI) were recently published by: Bidnessetc.com, which released: “Industrial ETFs Down In July” on August 04, 2014. Benzinga.com‘s article titled: “Industrial ETFs Look For Better Things In 2016” and published on December 08, 2015 is yet another important article.
The ETF’s YTD performance is -1.79%, the 1 year is -1.81% and the 3 year is 16.14%.
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Industrial Select Sector Index. The fund invests at least 95% of its assets in the securities comprising the index. The index includes companies from the following industries: aerospace & defense; industrial conglomerates; machinery; road & rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction & engineering; trading companies & distributors; airlines; and building products. It is non-diversified.
The ETF’s average P/E ratio is 17.07, the price to book is 2.96, the price to sales is 1.52 and the price to cashflow is 10.45. Industrial Select Sector SPDR ETF (XLI) is in the ETF category: Industrials, is part of SPDR State Street Global Advisors fund family and currently has $7.13 billion net assets. It was started on 12/16/1998. The fund’s top holdings are: General Electric Company Common for 10.89% of assets, 3M Company Common Stock for 5.23%, Boeing Company (The) Common Sto for 5.06%, Honeywell International Inc. Co for 4.47%, United Technologies Corporation for 4.31%, Union Pacific Corporation Commo for 4.13%, United Parcel Service Inc. Com for 3.82%, Danaher Corporation Common Stoc for 3.36%, Lockheed Martin Corporation Com for 3.23%, General Dynamics Corporation Co for 2.52%. The ETF sector weights are: Basic Materials 0.60%, Industrials 99.40%. The ETF currently as 2.07% yield.
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