Technology Select Sector SPDR Fund
Technology Select Sector SPDR® ETF seeks to track the performance of the Technology Select Sector Index, which provides an effective representation of the technology sector of the S&P 500 Index. State Street's XLK grants investors the opportunity to gain exposure to numerous powerhouse tech firms by investing in the who’s-who of the U.S. tech sector, with major holdings in companies like Apple and IBM. This includes market segments like IT services, wireless telecommunication services, and semiconductors to name just a few. XLK is an ideal choice for investors who want tech exposure, but are unsure as to which particular segment of this broad market that they feel will perform the best.
It seeks to provide precise exposure to companies from technology hardware, storage, and peripherals; software; communications equipment; semiconductors and semiconductor equipment; IT services; and electronic equipment, instruments and components.
XLK allows investors to take strategic or tactical positions at a more targeted level than traditional style based investing.
XLK TOP 10 HOLDINGS
Microsoft Corporation MSFT 20.10
Visa Inc - Ordinary Shares - Class A V 3.98
NVIDIA Corp NVDA 3.71
Mastercard Incorporated - Ordinary Shares - Class A MA 3.46
PayPal Holdings Inc PYPL 3.15
Adobe Inc ADBE 2.52
Cisco Systems, Inc. CSCO 2.37
Salesforce.Com Inc CRM 2.16
As of 04/05/21