State Street Industrial Select Sector SPDR (XLI) Adds Caterpillar and GE on Thursday

gurufocus.com · 2026-10-19

State Street Industrial Select Sector SPDR ETF (XLI) was the only ETF buying on Thursday, Oct. 15, with no funds selling. The $30.52 billion fund recorded $176.

TickrTrends take: Caterpillar's inclusion in the State Street Industrial Select Sector SPDR fund reflects its prominence as a major industrial equipment manufacturer, though this development occurs against TickrTrends' assessment that the stock is currently overvalued. For investors focused on valuation metrics, the addition to XLI may bring increased passive capital flows, which could further pressure valuations in the near term rather than provide a discounting opportunity. Monitoring whether fundamental metrics improve relative to the stock's current price levels will be important for determining whether the overvaluation assessment shifts.

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