Traders bought shares of Financial Select Sector SPDR Fund (NYSEARCA:XLF) on weakness during trading on Wednesday. $160.14 million flowed into the stock on the tick-up and $121.32 million flowed out of the stock on the tick-down, for a money net flow of $38.82 million into the stock. Of all equities tracked, Financial Select Sector SPDR Fund had the 27th highest net in-flow for the day. Financial Select Sector SPDR Fund traded down ($0.01) for the day and closed at $28.72
The firm has a market cap of $33,310.00 and a P/E ratio of -16.56.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Shareholders of record on Monday, March 19th were paid a dividend of $0.1046 per share. The ex-dividend date of this dividend was Friday, March 16th. This represents a $0.42 annualized dividend and a yield of 1.51%. Financial Select Sector SPDR Fund’s payout ratio is currently -25.75%.
TRADEMARK VIOLATION NOTICE: “Traders Buy Shares of Financial Select Sector SPDR Fund (XLF) on Weakness” was originally reported by Community Financial News and is the property of of Community Financial News. 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://www.com-unik.info/2018/03/23/traders-buy-shares-of-financial-select-sector-spdr-fund-xlf-on-weakness.html.
Financial Select Sector SPDR Fund Company Profile
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.