State Street Releases Three ETFs

The three ETF offerings: SPDR S&P Transportation ETF (Symbol: XTN), SPDR S&P Telecom ETF (Symbol: XTL), and SPDR S&P Healthcare Equipment ETF (Symbol: XHE), began trading on the NYSE Arca Thursday. They will seek to track the performance of a series of S&P Select Industry indexes, which are designed to measure the performance of narrow Global Industry Classification Standard (GICS) sub-industries, the company reported.

Constituent stocks are members of the S&P Total Market Index, which includes all common equities listed on the NYSE and the NASDAQ U.S. exchanges.

“Our family of exchange-traded funds continues to expand to meet the needs of a growing number of investors and financial professionals who rely on SPDR ETFs to implement a variety of asset allocation strategies and enhance the diversification of their portfolios,” said James Ross, senior managing director and global head of SPDR Exchange-Traded Funds at State Street Global Advisors.