The Communication Services Select Sector SPDR Fund Experiences Big Inflow

From Nasdaq: 2024-04-02 10:56:38

The Communication Services Select Sector SPDR Fund (Symbol: XLC) saw a $172.8 million dollar inflow, a 1.0% increase in outstanding units week over week. Meta Platforms Inc (META) stayed flat, Alphabet Inc (GOOGL) decreased by 1.1%, and AT&T Inc (T) increased by 0.4%. XLC’s one-year price performance compared to its 200-day moving average is shown in the chart.

Exchange-traded funds (ETFs) trade like stocks, with investors buying and selling units. Monitoring weekly changes in shares outstanding helps identify ETFs with notable inflows or outflows. Creation and destruction of units impact underlying holdings, with inflows leading to new purchases and outflows resulting in selling. Find out which 9 other ETFs had notable inflows by clicking the link provided.



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