How have XLE shares performed in 2024?

Energy Select Sector SPDR Fund's stock was trading at $83.84 at the beginning of 2024. Since then, XLE shares have increased by 12.7% and is now trading at $94.51. View the best growth stocks for 2024 here .

What does XLE invest in?

Energy Select Sector SPDR Fund is a equity fund issued by SSgA. XLE focuses on energy investments and follows the S&P Energy Select Sector Index. The fund's investments total to approximately $40.97 billion assets under management.

What stocks does Energy Select Sector SPDR Fund hold?

XLE invests in 26 holdings. Some of the stocks in their portfolio include Exxon Mobil (XOM) , Chevron (CVX) , ConocoPhillips (COP) , EOG Resources (EOG) , Marathon Petroleum (MPC) , Schlumberger (SLB) , Phillips 66 (PSX) , Pioneer Natural Resources (PXD) , Valero Energy (VLO) and Williams Companies (WMB) .

What is the management fee for Energy Select Sector SPDR Fund?

Energy Select Sector SPDR Fund's management fee is 0.03% and has other expenses of 0.07%. The net expense ratio for XLE is 0.10%.

What other stocks do shareholders of Energy Select Sector SPDR Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Select Sector SPDR Fund investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Bank of America (BAC) , Exxon Mobil (XOM) , Walt Disney (DIS) , Netflix (NFLX) , AT&T (T) , Intel (INTC) , Chevron (CVX) and Tesla (TSLA) .

Who are Energy Select Sector SPDR Fund's major shareholders?

Energy Select Sector SPDR Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.29%), Forbes J M & Co. LLP (0.09%), Global Assets Advisory LLC (0.09%), Appleton Partners Inc. MA (0.06%), Ferguson Wellman Capital Management Inc. (0.06%) and Rezny Wealth Management Inc. (0.04%).

How do I buy shares of Energy Select Sector SPDR Fund?

Shares of XLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEARCA:XLE

Energy Select Sector SPDR Fund (XLE) Price, Holdings, & News

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$94.42

-0.81 (-0.85%)

(As of 04/16/2024 ET)

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Today's Range: $93.73
▼
$95.49
50-Day Range: $83.30
▼
$98.08
52-Week Range: $76.25
▼
$98.97

Volume: 18.24 million shs
Average Volume: 17.06 million shs
Market Capitalization: $40.66 billion

Assets Under Management: $40.97 billion
Dividend Yield: 3.41%
Net Expense Ratio: 0.10%

Stock Analysis Chart Headlines Holdings Ownership Ratings

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About Energy Select Sector SPDR Fund (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc.

XLE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

XLE ETF News Headlines

April 16, 2024 | marketbeat.com

Kinder Morgan Stock Bid Up In An Oil Breakout (XLE)

Kinder Morgan is the oil stock that stood out to markets enough to bring its valuation to a premium above peers, and analysts still see a double-digit upside

April 8, 2024 | marketbeat.com

3 Energy Stocks to Consider as the Sector Breaks Out

The energy market has been ablaze with activity this year, particularly in crude oil. Witnessing a remarkable ascent, the WTI crude oil futures, America's primary oil price benchmark, have soared from almost $70 a barrel at the onset of the year to nearly $90 a barrel in recent times, up 23% year-to-date.

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April 8, 2024 | marketbeat.com

3 Energy Stocks to Consider as the Sector Breaks Out (XLE)

WTI's surge from $70 to nearly $90 a barrel, marking a 23% year-to-date increase, promises gains for oil companies, while the XLE has outpaced the market.

April 1, 2024 | marketbeat.com

This Underrated Natural Gas Stock Could Rally Double-Digits Soon (XLE)

As demand for natural gas could make its prices catch up to oil, this stock is the clear choice for institutions to consider buying for double-digit upside

March 23, 2024 | marketbeat.com

MarketBeat Week in Review – 3/18 – 3/22 (XLE)

Investors took a breather after the Fed-induced rally and before a shortened trading week that will include plenty of economic reports that could move markets

March 21, 2024 | marketbeat.com

Energy Sector Nears Multi-Year Resistance: Breakout Ahead?

As the U.S. market hovers near all-time highs, one sector has quietly surged higher and now stands at a critical juncture - the energy sector. While the broader market has experienced a significant uptick year-to-date and achieved new all-time highs, led firmly by the technology sector, the energy sector has steadily increased while remaining out of the limelight.

March 21, 2024 | marketbeat.com

Energy Sector Nears Multi-Year Resistance: Breakout Ahead? (XLE)

The XLE has outperformed the broader market year-to-date and is now approaching a major multi-year resistance and breakout level near $93.

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April 14, 2024 | nasdaq.com

XLE ETF Factor Report

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Fund Details

Issuer: SSgA
Fund Name: Energy Select Sector SPDR Fund
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:XLE
Inception Date: 12/16/1998
Fund Manager: Mike Feehily, Karl Schneider, David Chin
Web: www.sectorspdr.com
Phone: +1-866-7872257

Fund Focus

Asset Class: Equity
Benchmark: S&P Energy Select Sector Index
Category: Sector
Focus: Energy
Development Level: Developed Markets
Region: North America
Number of Holdings: 26

Fund Statistics

Assets Under Management: $40.97 billion
Average Daily Volume: $17.32 million
Discount/Premium: -0.04%

Administrator, Advisor and Custodian

Administrator: State Street Bank and Trust Company
Advisor: SSgA Funds Management, Inc.
Custodian: State Street Bank and Trust Company
Distributor: ALPS Portfolio Solutions Distributor, Inc.
Transfer Agent: State Street Bank and Trust Company
Trustee: N/A
Lead Market Maker: Citadel

Options

Optionable: Optionable
Options Volume: 200,203
Put Options: 94,771
Call Options: 105,432
Short Interest: 24,910,000 shs

Miscellaneous

Outstanding Shares: 430,620,000
Beta: 0.52
Creation Unit: 50,000
Creation Fee: $500.00

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Energy Select Sector SPDR Fund Expenses

Type	XLE	Energy ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.03%	0.61%	0.54%	0.50%	0.51%
Other Expenses	0.07%	0.25%	0.54%	0.64%	0.58%
Total Expense	0.10%	0.69%	0.70%	0.74%	0.70%
Fee Waiver	0.00%	-0.20%	-0.55%	-0.68%	-0.57%
Net Expense	0.10%	0.71%	0.60%	0.57%	0.58%

Energy Select Sector SPDR Fund (XLE) Holdings & Exposure

Top 10 XLE Holdings

XLE Sector Exposure

XLE Industry Exposure

Full Holdings Details

Key Executives

Michael Feehily
Member of the Management Board
John A. Tucker (Age 1)
Member of the Management Board

Similar ETFs

Institutional Ownership

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Should I Buy Energy Select Sector SPDR Fund Stock? XLE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Energy Select Sector SPDR Fund:

The Energy Select Sector SPDR Fund (XLE) provides broad exposure to the Energy sector, allowing investors to diversify their portfolio and potentially benefit from the performance of this industry.
With the current rise in oil prices, companies in the oil, gas, and consumable fuels industry within the Energy Select Sector Index may experience increased profitability, which could positively impact the fund's performance.
Investing in the Energy sector can act as a hedge against inflation, as energy prices often rise during inflationary periods, providing a potential safeguard for investors' portfolios.
The Energy Select Sector SPDR Fund is managed by SSgA Funds Management, Inc., a reputable investment advisor with expertise in managing sector-specific ETFs, offering investors professional management of their assets.
Given the global focus on renewable energy and the transition towards cleaner sources, investing in the Energy sector now could present an opportunity for potential growth as companies adapt to changing market dynamics.

Cons

Investors should be bearish about investing in Energy Select Sector SPDR Fund for these reasons:

The Energy sector is highly volatile, and fluctuations in oil prices, geopolitical events, and regulatory changes can significantly impact the fund's performance, leading to potential losses for investors.
Environmental concerns and the shift towards sustainable energy sources may pose long-term challenges for traditional energy companies included in the Energy Select Sector Index, affecting the fund's returns.
Investing in sector-specific funds like XLE exposes investors to concentration risk, as the fund's performance is closely tied to the Energy sector's performance, which can be influenced by sector-specific factors.
The Energy sector is sensitive to global economic conditions, and any economic downturn or recession could negatively affect the fund's holdings, leading to decreased returns for investors.
Considering the ongoing transition towards renewable energy, investing in traditional energy companies through the Energy Select Sector SPDR Fund may face challenges in the long term as the industry evolves.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Energy Select Sector SPDR Fund pros and cons to contact@marketbeat.com.

XLE ETF - Frequently Asked Questions

How have XLE shares performed in 2024?: Energy Select Sector SPDR Fund's stock was trading at $83.84 at the beginning of 2024. Since then, XLE shares have increased by 12.7% and is now trading at $94.51.
View the best growth stocks for 2024 here.
What does XLE invest in?: Energy Select Sector SPDR Fund is a equity fund issued by SSgA. XLE focuses on energy investments and follows the S&P Energy Select Sector Index. The fund's investments total to approximately $40.97 billion assets under management.
What stocks does Energy Select Sector SPDR Fund hold?: XLE invests in 26 holdings. Some of the stocks in their portfolio include Exxon Mobil (XOM), Chevron (CVX), ConocoPhillips (COP), EOG Resources (EOG), Marathon Petroleum (MPC), Schlumberger (SLB), Phillips 66 (PSX), Pioneer Natural Resources (PXD), Valero Energy (VLO) and Williams Companies (WMB).
What is the management fee for Energy Select Sector SPDR Fund?: Energy Select Sector SPDR Fund's management fee is 0.03% and has other expenses of 0.07%. The net expense ratio for XLE is 0.10%.

What other stocks do shareholders of Energy Select Sector SPDR Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Select Sector SPDR Fund investors own include NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Exxon Mobil (XOM), Walt Disney (DIS), Netflix (NFLX), AT&T (T), Intel (INTC), Chevron (CVX) and Tesla (TSLA).
Who are Energy Select Sector SPDR Fund's major shareholders?: Energy Select Sector SPDR Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.29%), Forbes J M & Co. LLP (0.09%), Global Assets Advisory LLC (0.09%), Appleton Partners Inc. MA (0.06%), Ferguson Wellman Capital Management Inc. (0.06%) and Rezny Wealth Management Inc. (0.04%).
How do I buy shares of Energy Select Sector SPDR Fund?: Shares of XLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:XLE) was last updated on 4/16/2024 by MarketBeat.com Staff

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