ETF Report: The Net Inflows Of Consumer Staples Select Sect. SPDR (ETF) Point to $-540.08M Redemptions Amid -6.22% AUM Decrease

ETF Report: The Net Inflows Of Consumer Staples Select Sect. SPDR (ETF) Point to $ 540.08M Redemptions Amid  6.22% AUM Decrease

Today were released Consumer Staples Select Sect. SPDR (ETF) (NYSEARCA:XLP)‘s weekly net flows. The ETF registered $-540.08M weekly asset outflows for -6.22% decrease, reaching $8146.23M last week. The chart of Consumer Staples Select Sect. SPDR (ETF) 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 ETF increased 0.42% or $0.22 on October 28, hitting $52.67. Consumer Staples Select Sect. SPDR (ETF) (NYSEARCA:XLP) has declined 0.60% since March 29, 2016 and is downtrending. It has underperformed by 4.08% the S&P500.

The ETF’s YTD performance is 7.23%, the 1 year is 15.59% and the 3 year is 13.01%.

The ETF’s average P/E ratio is 21.16, the price to book is 4.57, the price to sales is 1.39 and the price to cashflow is 15.47. Consumer Staples Select Sect. 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: Procter & Gamble Company (The) for 12.84% of assets, Coca-Cola Company (The) Common for 8.82%, Philip Morris International Inc for 8.09%, Altria Group Inc. for 5.99%, Wal-Mart Stores Inc. Common St for 5.86%, CVS Health Corporation Common S for 5.23%, Pepsico Inc. Common Stock for 4.81%, Walgreens Boots Alliance Inc. for 3.94%, Costco Wholesale Corporation for 3.73%, Colgate-Palmolive Company Commo for 3.67%. The ETF sector weights are: Consumer Defensive 94.76%, Healthcare 5.24%. The ETF currently as 0% yield.

More recent Consumer Staples Select Sect. SPDR (ETF) (NYSEARCA:XLP) news were published by: Nasdaq.com which released: “Mid-Day ETF Update: ETFs, Stocks Rebound on GDP Data, but Weak Consumer …” on October 28, 2016. Also Seekingalpha.com published the news titled: “Valuation Dashboard: Consumer Staples – Update” on October 05, 2016. Seekingalpha.com‘s news article titled: “Consumer Staples Are No Longer Attractive” with publication date: June 02, 2016 was also an interesting one.

XLP Company Profile

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Consumer Staples Select Sector of the S&P 500 Index (the Index). The Index includes companies that are primarily involved in the development and production of consumer products that cover food and drug retailing, beverages, food products, tobacco, household products and personal products.

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