ETF Worth Mentioning Today: Consumer Staples Select Sect. SPDR (ETF) Recorded $-218.47M Redemptions Because Of -2.74% AUM Decrease

ETF Worth Mentioning Today: Consumer Staples Select Sect. SPDR (ETF) Recorded $ 218.47M Redemptions Because Of  2.74% AUM Decrease

Today were reported Consumer Staples Select Sect. SPDR (ETF) (NYSEARCA:XLP)‘s daily net flows. The ETF registered $-218.47M asset outflows for -2.74% decrease, reaching $7746.54M after yestarday’s trading session. The chart of Consumer Staples Select Sect. SPDR (ETF) shows negative short-term 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 decreased 0.10% or $0.05 on November 11, hitting $50.54. Consumer Staples Select Sect. SPDR (ETF) (NYSEARCA:XLP) has declined 5.28% since April 12, 2016 and is downtrending. It has underperformed by 10.27% the S&P500.

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

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 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: Mondelez International Inc. for 3.54% of assets. The ETF sector weights are: Consumer Defensive 94.76%, Healthcare 5.24%. The ETF currently as 0% yield.

More news for Consumer Staples Select Sect. SPDR (ETF) (NYSEARCA:XLP) were recently published by: Etfdailynews.com, which released: “Traders Are Betting On A Big Decline In This Consumer Staples ETF” on October 31, 2016. Seekingalpha.com‘s article titled: “Valuation Dashboard: Consumer Staples – Update” and published on November 08, 2016 is yet another important article.

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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