Market Flows: The Net Inflows Of The Industrial Select Sector SPDR Fund Point to $-295.06M Redemptions Amid -3.99% AUM Decrease

Market Flows: The Net Inflows Of The Industrial Select Sector SPDR Fund Point to $ 295.06M Redemptions Amid  3.99% AUM Decrease

Today were released The Industrial Select Sector SPDR Fund (NYSEARCA:XLI)‘s weekly net flows. The ETF registered $-295.06M weekly asset outflows for -3.99% decrease, reaching $7106.57M last week. The chart of The Industrial Select Sector SPDR Fund 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 increased 0.09% or $0.05 on November 4, hitting $56.47. The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) has risen 2.40% since April 4, 2016 and is uptrending. It has outperformed by 0.44% the S&P500.

The ETF’s YTD performance is 9.67%, the 1 year is 7.78% and the 3 year is 7.76%.

The ETF’s average P/E ratio is 17.77, the price to book is 3.58, the price to sales is 1.54 and the price to cashflow is 9.95. The Industrial Select Sector SPDR Fund 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: General Electric Company Common for 10.43% of assets, 3M Company Common Stock for 5.54%, Honeywell International Inc. Co for 4.76%, Boeing Company (The) Common Sto for 4.66%, United Technologies Corporation for 4.47%, Union Pacific Corporation Commo for 4.32%, United Parcel Service Inc. Com for 4.10%, Lockheed Martin Corporation Com for 3.56%, Caterpillar Inc. Common Stock for 2.81%, General Dynamics Corporation Co for 2.54%. The ETF sector weights are: Basic Materials 0.61%, Consumer Cyclical 0.46%, Industrials 97.47%, Technology 1.47%. The ETF currently as 0% yield.

More recent The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) news were published by: Seekingalpha.com which released: “Valuation Dashboard: Industrials – Update” on November 04, 2016. Also Etfdailynews.com published the news titled: “Inside the Death of American Manufacturing” on October 23, 2016. Etfdailynews.com‘s news article titled: “Industrial ETF Pulls Back as Honeywell’s Lowered Guidance Hits Sector” with publication date: October 07, 2016 was also an interesting one.

XLI Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Industrial Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies.

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