The Technology Select Sector SPDR Fund (XLK)
- Previous Close
217.17 - Open
223.27 - Bid --
- Ask --
- Day's Range
222.07 - 225.01 - 52 Week Range
159.50 - 238.14 - Volume
6,963,371 - Avg. Volume
5,475,035 - Net Assets 69.37B
- NAV 217.10
- PE Ratio (TTM) 42.37
- Yield 0.69%
- YTD Daily Total Return 13.22%
- Beta (5Y Monthly) 1.23
- Expense Ratio (net) 0.09%
In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.
SPDR State Street Global Advisors
Fund Family
Technology
Fund Category
69.37B
Net Assets
1998-12-16
Inception Date
Performance Overview: XLK
View MoreTrailing returns as of 9/18/2024. Category is Technology.
People Also Watch
Holdings: XLK
View MoreTop 10 Holdings (65.34% of Total Assets)
Sector Weightings
Recent News: XLK
View More
Research Reports: XLK
View MoreBUY on regulatory advancements and higher guidance
Biogen is a biotech company that develops, manufactures, and sells therapies for treating neurological and neurodegenerative diseases. The company is the market leader in multiple sclerosis drugs and launched the first approved treatments for spinal muscular atrophy and Alzheimer's disease. The company also sells products that treat plaque psoriasis, non-Hodgkin's lymphoma, lymphocytic leukemia, and rheumatoid arthritis. Current research continues on MS and has expanded to include neuroimmunology, ophthalmology, lupus, and other neuromuscular and movement disorders. Founded in 1978, the company is located in Cambridge, Massachusetts, employs 7,570 people, and is a component of the S&P 500.
RatingPrice TargetU.S. stock indices are mostly in the red today, with investors perhaps
U.S. stock indices are mostly in the red today, with investors perhaps experiencing a little 'green exhaustion' after the solid gains booked of late. Also of note, the meaningful news starts to hit the tape tomorrow with the release of the Fed minutes, so getting a little defensive in case the minutes include unwanted news is also defensible.
Biogen Earnings: Shares Undervalued as Cost Controls Materialize and New Launches Accelerate
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases.
RatingPrice TargetMorningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, online commerce set for acceleration, consolidation; the market may be missing changes afoot at Veolia; an overview of the moat ratings for big biotech firms; and Kraft Heinz, Tyson Foods, and Nutrien.