Markets STT

Wednesday Sector Leaders: Financial, Services

The best performing sector as of midday Wednesday is the Financial sector, higher by 0.9%. Within that group, State Street Corp. (Symbol: STT) and Wells Fargo & Co (Symbol: WFC) are two of the day's stand-outs, showing a gain of 3.1% and 2.8%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is up 0.4% on the day, and up 4.74% year-to-date. State Street Corp., meanwhile, is up 2.88% year-to-date, and Wells Fargo & Co is up 7.29% year-to-date. Combined, STT and WFC make up approximately 3.8% of the underlying holdings of XLF.

The next best performing sector is the Services sector, up 0.6%. Among large Services stocks, TKO Group Holdings Inc (Symbol: TKO) and Caesars Entertainment Inc (Symbol: CZR) are the most notable, showing a gain of 5.5% and 4.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 0.5% in midday trading, and up 0.27% on a year-to-date basis. TKO Group Holdings Inc, meanwhile, is up 25.18% year-to-date, and Caesars Entertainment Inc, is down 17.40% year-to-date. Combined, TKO and CZR make up approximately 0.3% of the underlying holdings of IYC.

Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

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Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, eight sectors are up on the day, while one sector is down.

Sector% Change
Financial+0.9%
Services+0.6%
Healthcare+0.5%
Consumer Products+0.4%
Industrial+0.3%
Materials+0.3%
Utilities+0.2%
Technology & Communications+0.2%
Energy-0.3%

25 Dividend Giants Widely Held By ETFs »

Also see:

• MZZ Dividend History
• MFS Historical Stock Prices
• Funds Holding SEAH

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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