How To Buy Materials Select Sector SPDR® Fund (XLB) Stock

90.41 ↑0.30 (0.33%)
As of July 22, 2024, 3:59pm EST.

How To Buy XLB

Materials Select Sector SPDR® Fund (XLB) is an ETF listed on the NYSE ARCA exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of XLB.

  1. Find a reliable broker.

    Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy Materials Select Sector SPDR® Fund from:

    View All Recommended Brokers
  2. Fund your new account.

    You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

  3. Search for XLB.

    When your funds are settled into your account, look for Materials Select Sector SPDR® Fund on your broker by searching for the company name: Materials Select Sector SPDR® Fund or the ticker symbol: XLB.

  4. Buy the stock.

    Once that you've found Materials Select Sector SPDR® Fund on your broker, submit a purchase order to buy shares of the stock (currently $90.41 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

    Once your order gets fulfilled, you've purchased your first shares of Materials Select Sector SPDR® Fund.

    Tips When Buying

    When submitting your order, you may choose to buy shares of Materials Select Sector SPDR® Fund at the market price with a market order or at a set price using a limit order.

    • Market order: Buys the stock immediately at its current price.
    • Limit order: Buys the stock only once it reaches your target price.

    By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of XLB at a specific price.

Should You Buy XLB Stock Now?

In the past week the price per share of Materials Select Sector SPDR® Fund has gone down ↓1.61 (-1.75%) and the daily volume has decreased slightly. You should buy XLB now if you think the stock will recover soon, or wait until you think the stock is done dropping.

In the end, you should be comfortable with the risk of the investment and only buy shares of XLB when you feel the time is right.

XLB Stock Performance

Your browser does not support this chart.

  • Current price: $90.41
  • Yesterday's price: $90.11
  • Price Change (Last 24 Hours): ↑0.30 (0.33%)
  • Price Change (Last 14 Days): ↑3.15 (3.61%)
Buy Now