Streaming Giants Could Lift This Sector ETF
Tuesday, 28 April 2020, 15:17:53
The Communication Services Select Sector SPDR Fund (XLC) is getting some fanfare as a coronavirus play due to its exposure to companies, namely Facebook and Alphabet, that are involved in the virtual meeting space, the largest communication services ETF has other viable stay-at-home credentials. XLC seeks to correspond generally to the price and yield performance […] The post Streaming Giants Could Lift This Sector ETF appeared first on ETF Trends .
— ETF Trends
Take Advantage of the Dip in This Growth Sector ETF
Monday, 6 April 2020, 16:20:41
Even high-quality growth stocks such as Facebook (NASDAQ: FB) and Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) are being discounted due to the coronavirus pandemic’s effect on equity markets. The bright spot there is opportunity is arriving with ETFs including the Communication Services Select Sector SPDR Fund (NYSEArca: XLC). XLC, the oldest and largest communication services ETF, seeks to correspond […] The post Take Advantage of the Dip in This Growth Sector ETF appeared first on ETF Trends .
— ETF Trends
A Decent Outlook For This Facebook-Heavy ETF
Wednesday, 8 January 2020, 12:28:46
The Communication Services Select Sector SPDR (NYSE: XLC ), the first and largest exchange traded fund dedicated to the communication service sector, is often known for its massive combined weight to Facebook Inc (NASDAQ: FB ) and Alphabet Inc (NASDAQ: GOOG ). Those stock combine for over 42% of the fund’s weight and as such, chart the course for XLC, but some analysts believe some other components in the benchmark communication services fund could help drive the fund higher this year. Those names include Walt Disney Co (NYSE: DIS ), Netflix, Inc. (NASDAQ: NFLX ) and other companies with streaming exposure. See Also: Time Is Right To Stick With Aerospace And Defense ETFs Why It’s Important Dow component Disney is already flexing … Full story available on Benzinga.com
This Sector ETF Can be a Winner Again in 2020
Monday, 16 December 2019, 16:29:42
The Communication Services Select Sector SPDR Fund (NYSEArca: XLC), the first and largest ETF targeting the communication services sector, is up nearly 28% year-to-date, but XLC has the tools to rally again in the new year. XLC follows the Communication Services Select Sector Index and “seeks to provide precise exposure to companies from the media, […] The post This Sector ETF Can be a Winner Again in 2020 appeared first on ETF Trends .
— ETF Trends
Heavy On Alphabet And Facebook, This ETF Earns A Neutral Rating
Friday, 3 May 2019, 13:13:33
Alphabet Inc. (NASDAQ: GOOG ) and Facebook Inc. (NASDAQ: FB ) both disappointed investors this earnings season, pressuring some exchange traded funds with large weights to the stocks. That includes the Communication Services Select Sector SPDR (NYSE: XLC ). What To Know XLC devotes over 42 percent of its weight to Facebook and the two share classes of Alphabet stock and the ETF is lower by 1.5 percent over the past week. Over the same period, shares of Alphabet are lower by nearly 8 percent. Earlier this week, the stock tumbled after missing revenue estimates , but … Full story available on Benzinga.com