Traders Buy Shares of Financial Select Sector SPDR Fund (XLF) on Weakness
Traders bought shares of Financial Select Sector SPDR Fund (NYSEARCA:XLF) on weakness during trading on Tuesday. $193.63 million flowed into the stock on the tick-up and $109.11 million flowed out of the stock on the tick-down, for a money net flow of $84.52 million into the stock. Of all equities tracked, Financial Select Sector SPDR Fund had the 7th highest net in-flow for the day. Financial Select Sector SPDR Fund traded down ($0.08) for the day and closed at $27.97
The firm has a market cap of $32,830.00 and a P/E ratio of -16.75.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.1283 per share. This is a boost from Financial Select Sector SPDR Fund’s previous quarterly dividend of $0.10. This represents a $0.51 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Friday, December 15th. Financial Select Sector SPDR Fund’s payout ratio is presently -31.14%.
TRADEMARK VIOLATION NOTICE: “Traders Buy Shares of Financial Select Sector SPDR Fund (XLF) on Weakness” was originally reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece of content on another site, it was stolen and republished in violation of US & international trademark and copyright law. The original version of this piece of content can be viewed at https://theolympiareport.com/2017/12/26/traders-buy-shares-of-financial-select-sector-spdr-fund-xlf-on-weakness.html.
About Financial Select Sector SPDR Fund
The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.
Receive News & Ratings for Financial Select Sector SPDR Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Financial Select Sector SPDR Fund and related companies with MarketBeat.com's FREE daily email newsletter.