XLF To Rebalance To Reflect Addition Of Berkshire "B" Shares

Symbols: STT, XLF
Posted in: News, Sector ETFs, ETFs
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State Street Global Advisors, the ETF issuing business of State Street (NYSE: STT), said it will rebalance the popular and heavily traded Financial Select SPDR ETF (NYSE: XLF) on or about Feb. 16, 2010 to reflect the addition of Berkshire Hathaway's Class B shares (NYSE: BRK-B).

Berkshire recently completed a 50-for-1 split of its shares to make the former four-digit stock more accessible to a broader range of investors. The stock currently trades just below $76.


 
 
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