THE FINANCIAL SELECT SECTOR SPDR FUND ETF News

$40.76
-0.0600 (-0.147%)
At Close: Apr 29, 2024
The Financial Select Sector SPDR ETF NYSE: XLF has spent several months consolidating above the critical $40 level, resistance from 2021 and early 2022. Now, it's at a critical juncture, only 3.3% off
UBS pointed out that rapid earnings growth recorded by the big six tech giants over the past year is now ebbing. Hence, this could be the time to bet on non-cyclical sectors.
Designed to provide broad exposure to the Financials - Broad segment of the equity market, the Financial Select Sector SPDR ETF (XLF) is a passively managed exchange traded fund launched on 12/16/1998
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the SPDR S&P Insurance ETF (KIE) with Chuck Jaffe of “Money Life.” The pair talked about

Bank ETFs in Focus on Mixed Q1 Earnings

09:00am, Wednesday, 17'th Apr 2024
While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.

Is the Banking Sector Booming? 5 ETF Picks

09:01am, Friday, 12'th Apr 2024
After a decade of decline following the 2008 financial crisis, U.S. banks are once again expanding their physical footprint, with 94 net new branches added in 2023, marking the first annual increase s

XLF: Why I Downgrade It To Hold

02:09pm, Tuesday, 09'th Apr 2024
We have downgraded the rating on the Financial Select Sector SPDR® Fund ETF from a BUY to a HOLD. Since I wrote my buy rating, the XLF ETF has seen a price advancement of more than 20% in less than 1
It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.
Ahead of World Health Day, let us examine the supplements for a robust ETF investment portfolio.

Growing Institutional Adoption of ETFs in 2023

11:50am, Wednesday, 03'rd Apr 2024
Institutional adoption of ETFs continues, which should make all investors happy. In a new report from S&P Dow Jones Indices, the amount of money U.S. and Canadian “asset owners” held in ETFs incre

5 ETFs Not Likely to Make You a Fool in April

09:01am, Monday, 01'st Apr 2024
As we enter the first trading day of April, let's see if there are any investments that won't let you down and make you feel foolish this month.
There is a shift towards a more inclusive approach to stock market investments, helped by a promising economic outlook and supportive monetary policies. Somewhat ebbing AI mania and regulatory woes pr

Is it Time to Take Profits in Financial Stocks?

07:31am, Wednesday, 20'th Mar 2024
The financial sector and the popular sector ETF Financial Select Sector Fund NYSE: XLF continue to demonstrate impressive momentum as we progress into 2024. Much like its stellar performance in th
Citi has downgraded Wells Fargo & Co. to neutral from buy after a quick gain in its stock price this year relative to its expected performance.

5 ETF Volume Leaders of Yesterday

01:16pm, Friday, 15'th Mar 2024
The hotter-than-expected inflation data took away some sheen from the stock market yesterday, resulted in enough liquidity in the ETF space. We have highlighted five ETFs that exchanged more than 50 m
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