State Street Technology Select Sector SPDR ETF
In October, tech and energy sectors saw $10B inflows, with tech at $7.4B and energy at $2.8B. State Street's Matthew Bartolini noted AI and energy's global significance. Investors can access these sectors via XLK (tech) and XLE (energy) ETFs, both with low expense ratios.
State Street Tech Select SPDR ETF (XLK) sold $136.7M in assets on Nov. 9, including $22.3M in Apple (AAPL), $18.9M in Nvidia (NVDA), and $17.7M in Microsoft (MSFT). The fund trimmed all 76 positions, with no new buys. AAPL, NVDA, and MSFT are among its top holdings.
State Street Tech Select Sector SPDR ETF (XLK) reported $352.2M in gross activity, with net selling of $42.2M. It added a new $155M stake in Okta (OKTA) and sold shares in NVIDIA (NVDA), Apple (AAPL), and Microsoft (MSFT). XLK holds 76 stocks, with top holdings including NVDA, AAPL, and MSFT.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning XLK (State Street Technology Select Sector SPDR ETF). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent XLK coverage spans financial news and sector analysis.
Potential inflow-driven buying pressure on XLK as investors seek exposure to strong tech sector flows.
State Street Tech Select SPDR ETF (XLK) sold $136.7M in assets on Nov. 9, including $22.3M in Apple (AAPL), $18.9M in Nvidia (NVDA), and $17.7M in Microsoft (MSFT). The fund trimmed all 76 positions, with no new buys. AAPL, NVDA, and MSFT are among its top holdings.
State Street Tech Select Sector SPDR ETF (XLK) reported $352.2M in gross activity, with net selling of $42.2M. It added a new $155M stake in Okta (OKTA) and sold shares in NVIDIA (NVDA), Apple (AAPL), and Microsoft (MSFT). XLK holds 76 stocks, with top holdings including NVDA, AAPL, and MSFT.
State Street Technology Select Sector SPDR ETF (XLK) increased its holdings in all 75 positions, including a $74.3 million addition to its Apple (AAPL) stake, the largest purchase by dollar value. The fund also increased holdings in Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), and Advanced Micro Devices (AMD). XLK has $117.06 billion in assets and a 0.08% expense ratio, with its top holdings being AAPL, NVDA, and MSFT.
State Street Technology Select Sector SPDR ETF (XLK) made $191.4M in net purchases on Thursday, increasing all 75 holdings. Top buys included NVIDIA (NVDA) at $29.5M, Apple (AAPL) at $29.2M, and Microsoft (MSFT) at $22.2M. XLK holds 75 large-cap tech stocks, with top holdings being NVDA, AAPL, and MSFT.
AlphAI scores every news story that mentions XLK with an AI model for sentiment and relevance, and aggregates insider trades from State Street Technology Select Sector SPDR ETF's SEC EDGAR Form 4 filings. Figures refresh continuously.
In October, tech and energy sectors saw $10B inflows, with tech at $7.4B and energy at $2.8B. State Street's Matthew Bartolini noted AI and energy's global significance. Investors can access these sectors via XLK (tech) and XLE (energy) ETFs, both with low expense ratios.
State Street Tech Select SPDR ETF (XLK) sold $136.7M in assets on Nov. 9, including $22.3M in Apple (AAPL), $18.9M in Nvidia (NVDA), and $17.7M in Microsoft (MSFT). The fund trimmed all 76 positions, with no new buys. AAPL, NVDA, and MSFT are among its top holdings.
State Street Tech Select Sector SPDR ETF (XLK) reported $352.2M in gross activity, with net selling of $42.2M. It added a new $155M stake in Okta (OKTA) and sold shares in NVIDIA (NVDA), Apple (AAPL), and Microsoft (MSFT). XLK holds 76 stocks, with top holdings including NVDA, AAPL, and MSFT.
State Street Technology Select Sector SPDR ETF (XLK) increased its holdings in all 75 positions, including a $74.3 million addition to its Apple (AAPL) stake, the largest purchase by dollar value. The fund also increased holdings in Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), and Advanced Micro Devices (AMD). XLK has $117.06 billion in assets and a 0.08% expense ratio, with its top holdings being AAPL, NVDA, and MSFT.
State Street Technology Select Sector SPDR ETF (XLK) made $191.4M in net purchases on Thursday, increasing all 75 holdings. Top buys included NVIDIA (NVDA) at $29.5M, Apple (AAPL) at $29.2M, and Microsoft (MSFT) at $22.2M. XLK holds 75 large-cap tech stocks, with top holdings being NVDA, AAPL, and MSFT.
State Street Technology Select Sector SPDR ETF (XLK) added $474.0M across all 75 holdings, with top buys including NVIDIA (NVDA) at $73.3M, Apple (AAPL) at $69.8M, and Microsoft (MSFT) at $55.3M. XLK's assets total $122.34B, with a 0.08% expense ratio and a 29.27% YTD return.
State Street's XLK ETF offers broad tech exposure with lower fees and higher dividend yield, while iShares' SOXX focuses on semiconductors with higher volatility and returns. XLK has a lower expense ratio, higher AUM, and less drawdown, while SOXX has better recent performance. Both outperformed the S&P 500 over 5 years.
The Nasdaq fell over 1% as AI-related stocks declined. RBC Capital Markets shifted sector allocations, upgrading health care and downgrading technology. Semtech (SMTC) saw mixed analyst actions, Klaviyo (KVYO) was downgraded, and Manhattan Associates (MANH) received split views. The S&P 500 is down 1.13% today and 2.02% this week, trading at 7,656.89.
State Street Technology Select Sector SPDR ETF (XLK) increased all 75 of its positions on Wednesday, with the largest purchases being NVIDIA ($30.1M), Apple ($25.8M), and Microsoft ($20.6M). The fund's assets under management stood at $130.31B.
The article compares two technology ETFs: iShares Technology ETF (IYW) and State Street Technology ETF (XLK). Over the past five and ten years, both funds have similar total returns, with XLK slightly ahead in the short term and IYW in the long term. XLK has lower fees (0.08% vs. 0.37%), a higher dividend yield (0.41% vs. 0.09%), and larger assets ($131.1B vs. $27.2B). XLK excludes Alphabet and Meta Platforms, which are included in IYW.
