New State Street Sector ETFs Give Biggest Stocks Full Weight

State Street Investment Management launched four sector ETFs on Wednesday, built to give each sector’s largest companies their full weight. Key Takeaways: XLKM aims to give Nvidia 20.93%, compared with 15.41% in its Select Sector counterpart, XLK. Each Market Sector fund holds its Select Sector counterpart, then buys extra shares of the biggest companies. Amazon […]

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