The Utilities Select Sector SPDR ETF (XLU) is an Exchange Traded Fund whose objective is to provide investment results that match the price and performance of the S&P 500 Utilities Select Sector Index. It is an energy ETF as the index includes industrial companies active in the electrical sector, multi-utility companies, independent energy producers, energy traders, gas utilities. The fund uses a passive or indexing investment approach to try to approximate the investment performance of the index. The fund’s advisor is SSGA Funds Management Inc.
To do short-term investment in Utilities Select Sector SPDR ETFs, you can use the Plus500 platform, which also specializes in online ETF trading in addition to several other financial instruments.