State Street SPDR S&P Telecom ETF (XTL) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
XTL has IPO date of 2011-01-27, listed on the NYSE, a market capitalization of $225.05M.
The State Street SPDR S&P Telecom ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&PTelecom Select Industry Index (the "Index")Seeks to provide exposure to the telecommunications segment of the S&P TMI, comprises the following sub-industries: Alternative Carriers, Communications Equipment, Integrated Telecommunication Services, and Wireless Telecommunication ServicesSeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing
