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XLP tracks a market-cap-weighted index of consumer-staples stocks drawn from the S&P 500.
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Consumer Staples Select Sector SPDR Fund Experiences Big Outflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Consumer Staples Select Sector SPDR Fund (Symbol: XLP) where we have detected an approximate $51.9 million dollar outflow -- that's a 0.5% decrease week over week (from 197,420,000 to 196,520,000). Among the largest underlying components of XLP, in trading today Procter & Gamble Company (Symbol: PG) is down about 0.4%, Coca-Cola Co (Symbol: KO) is trading flat, and Mondelez Inte...
Best Sector ETFs For May: An Interesting Mix (NYSE:XLP)(NYSE:XLK)
Investors often believe May brings with it potential downside for stocks, but over the past two decades, the S&P 500 has averaged May gains of 0.30 percent.