State Street Fin Select Sector SPDR (XLF) Adds Berkshire and JPMorgan on Oct. 15

gurufocus.com · 2026-10-19

State Street Financial Select Sector SPDR ETF (XLF) recorded net buying of $571.7 million last Thursday, with gross traded of $571.7 million and no sales. XLF i

TickrTrends take: Berkshire Hathaway's addition to State Street's Financial Select Sector SPDR signals continued institutional confidence in the company, though this inclusion comes as TickrTrends currently assesses BRK-B as overvalued within the Financial Services sector. Index inclusions typically attract passive capital flows, which could support the stock price independent of fundamental valuation metrics. Investors focused on valuation should monitor whether the stock's performance following this addition reflects underlying business fundamentals or primarily results from mechanical index-tracking inflows.

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