--News Direct--
The Technology Select Sector SPDR Fund (XLK) continues to be a cornerstone in the realm of technology investing, providing comprehensive coverage of the U.S. technology sector. This fund offers focused exposure for both individuals and institutions. Starting with components of the S&P 500 within the technology industry, XLK offers an efficient way to gain exposure to this dynamic sector.
This ETF is carefully structured, featuring a roster of technology giants that have shown resilience. The fund's composition reflects substantial holdings in some of the most influential and innovative companies in the United States.
Key Holdings* of the Technology Select Sector SPDR Fund (XLK) include:
Apple (14.94%)
Microsoft (13.94%)
Nvidia (12.29%)
Broadcom (4.52%)
Oracle (3.02%)
Salesforce (2.90%)
Advanced Micro Devices (2.83%)
Adobe (2.60%)
Accenture (2.37%)
Cisco (2.35%)
These key holdings illustrate XLK ETF's significant market position, which mirrors the ongoing relevance and innovation within the technology sector. The fund manages total assets exceeding $69 billion, with an expense ratio of 0.09%**.
This balanced portfolio approach allows investors to participate in the potential of the technology sector, leveraging the strength and stability of well-established companies. The XLK ETF continues to serve as a vital tool for those aiming to stay aligned with the technological advancements and economic impacts driven by these leading corporations.
Moreover, the XLK fund has been a consistent choice for investors wanting to take part in the innovative edge of the tech industry. By maintaining substantial investments in high value tech companies, XLK is an excellent vehicle for its stakeholders to benefit from advancements in the sector.
Investors seeking diversified exposure to the tech sector may find XLK's portfolio appealing. The Technology Select Sector SPDR Fund offers an opportunity to engage with a portfolio comprising these tech giants while ensuring diversification across various technology industries.
DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.
About the Company:
Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.
*Holdings, Weightings & Assets as of 9/23/24 subject to change
**Ordinary brokerage fees apply
DISCLOSURES
The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.
One may not invest directly in an index.
Transparent ETFs provide daily disclosure of portfolio holdings and weightings
All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
Media Contact:
Company: Select Sector SPDRs
Contact: Dan Dolan*
Address: 1290 Broadway, Suite 1000, Denver, CO 80203
Country: United States
Email: dan.dolan@sectorspdrs.com
Website: https://www.sectorspdrs.com/
*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.
SEL007815 EXP 11/30/24
Contact Details
Dan Dolan
+1 203-935-8103
Company Website
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