Today were published Materials Select Sector SPDR (NYSEARCA:XLB)‘s daily net flows. The ETF registered $214.64M asset inflows for 7.01% increase, reaching $3276.90M after yestarday’s trading session. The chart of Materials Select Sector SPDR shows positive 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 inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 0.23% or $0.11 on November 14, hitting $48.26. It is down 5.39% since April 13, 2016 and is uptrending. It has outperformed by 1.47% the S&P500.
The ETF’s YTD performance is 9.14%, the 1 year is 5.45% and the 3 year is 4.32%.
The ETF’s average P/E ratio is 18.74, the price to book is 3.29, the price to sales is 1.52 and the price to cashflow is 8.72. Materials Select Sector SPDR 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: Dow Chemical Company (The) Comm for 11.41% of assets, E.I. du Pont de Nemours and Com for 11.32%, Monsanto Company Common Stock for 8.30%, Praxair Inc. Common Stock for 6.29%, Ecolab Inc. Common Stock for 5.64%, Air Products and Chemicals Inc for 5.44%, LyondellBasell Industries NV Or for 4.69%, PPG Industries Inc. Common Sto for 4.24%, Newmont Mining Corporation for 3.74%, Sherwin-Williams Company (The) for 3.74%. The ETF sector weights are: Basic Materials 88.04%, Consumer Cyclical 10.74%, Industrials 1.21%. The ETF currently as 0% yield.
More notable recent Materials Select Sector SPDR (NYSEARCA:XLB) news were published by: Investorplace.com which released: “3 Big Stock Charts: Chesapeake Energy Corporation (CHK), Home Depot Inc (HD …” on November 14, 2016, also Seekingalpha.com with their article: “Which Sectors Looking Better For Q4 2016?” published on November 06, 2016, Seekingalpha.com published: “Sector Performance Quarter And Month To Date” on September 29, 2016. More interesting news about Materials Select Sector SPDR (NYSEARCA:XLB) were released by: Etfdailynews.com and their article: “Which U.S. Companies And Sectors Have The Most Exposure To Brexit” published on June 24, 2016 as well as Benzinga.com‘s news article titled: “A Rare Bearish Call On A High-Flying Staples ETF” with publication date: July 07, 2016.
XLB Company Profile
Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Materials Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as chemicals, construction materials, containers and packaging, metals and mining, and paper and forest products.
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