Technology ETF XLK experienced $499.1 million outflow, with major components like CSCO, PLTR, and APH declining.
From Nasdaq: 2025-04-10 10:51:00
The Technology Select Sector SPDR Fund (XLK) experienced a $499.1 million outflow, a 0.8% decrease week over week. Major components like Cisco Systems Inc (CSCO), Palantir Technologies Inc (PLTR), and Amphenol Corp. (APH) saw declines in trading.
XLK’s one year performance compared to its 200 day moving average shows a range from $172.45 to $243.14 per share, with the latest trade at $196.79.
ETFs trade as units, not shares, and can be created or destroyed based on investor demand. Monitoring shares outstanding can indicate inflows or outflows, impacting the ETF’s underlying holdings.
For more information on ETF outflows and to track other ETF trends, visit the link provided.
Read more at Nasdaq: XLK, CSCO, PLTR, APH: ETF Outflow Alert
