Group 1 - The AMEX:XLE underwent a 1-for-2 stock split, effectively doubling the stock price and halving the number of shares [1][5] - The current price of XLE is $92.22, with a slight increase of $0.39 or 0.42%, and it has experienced a high of $94.82 and a low of $74.49 over the past year, indicating volatility [2][5] - The market capitalization of XLE is approximately $27.99 billion, reflecting its size and influence in the market [2] Group 2 - State Street Investment Management (SSIM) has expanded its role to include the distribution and marketing of Select Sector SPDR ETFs, aiming to enhance the investor experience [3][5] - SSIM's expansion includes 11 ETFs, such as the Technology Select Sector SPDR ETF (XLK) and the Utilities Select Sector SPDR Fund (XLU), which have been rebranded to reflect their association with State Street [4]
Understanding the Impact of the Energy Select Sector SPDR Fund (XLE) Split and State Street's Strategic Moves
Financial Modeling Prep·2025-12-05 11:00