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Week Three: Endowing Wealth
WealthManagerWeb.com  |   News  |   Podcasts  |   Webinars December 16, 2009

New this week at WealthManagerWeb.com

Federal Estate Tax Changes: Update
  House and Senate move to finalize Bills before estate tax deadline… Read More
Income Tax Planning with Pooled Income Funds
  Estate tax reduction, no setup fees, plus income and capital gains advantages can make this charitable choice a workhorse for some clients… Read More
House Passes Sweeping Financial Reforms
  House lawmakers have passed the most sweeping reforms of financial services since those coming out of the Great Depression… Read More
FINRA Provision Deleted From Reform Bill
  The provision that would have given FINRA the authority to inspect and regulate any investment advisor associated with a broker/dealer was successfully deleted from the huge financial services reform bill on December 11… Read More

Blog: Portfolio Gourmet

See Ben Warwick's newest blog post in Portfolio Gourmet, about investment strategies, markets and the economy.

Ben Warwick

Hedge Funds Buy Equities
The stock market's impressive gains have been criticized by many as the result of easy money and speculation. But as index levels continue to rise, increasing numbers of investors have joined the buying frenzy… Read More


Also at WealthManagerWeb.com

McNabb Takes the Helm at Vanguard
  William McNabb III will add the title of chairman to his current post as Vanguard's president and CEO, on January 1 Read More
Greece Gets Downgrade
  The medium-term prospects for Greece led Fitch Ratings to downgrade that country's long-term foreign currency and local currency Issuer Default Ratings (IDRs), on December 8 Read More

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All Select Sector SPDRs: Weekly Flows


Source: Select Sector SPDRs

Select Sector SPDRs summary for the week ended December 11:

The S&P 500 eked out a gain of 0.04% for the week; it's up 22.49% year-to-date.

Sector SPDR assets were off by $610 million for the week, or 2.07%.

Shares of Sector SPDRs were lower as well, by 39,950,000 shares last week, or 3.41%.

Volume was "slow," with 766 million Sector SPDR shares trading for the week.

The Utilities Sector SPDR (XLU), was the best-performer, up 3.85%. The Financials Sector SPDR (XLF), was the worst performer, off 1.64%.

For more weekly net flows charts for Select Sector SPDRs please click here.

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