XLC Sees $299.8M Inflow

The Communication Services Select Sector SPDR Fund (XLC) saw a $299.8 million dollar inflow, a 1.3% increase in outstanding units week over week. Key components like Alphabet Inc (GOOGL) and Electronic Arts, Inc. (EA) were down while Charter Communications Inc (CHTR) was up. XLC’s 52-week range is $81.15 to $108.74.

ETFs, like stocks, are traded in “units” that can be bought, sold, created, or destroyed. Weekly monitoring of ETF shares outstanding helps track inflows and outflows, impacting underlying holdings. Check out other ETFs with notable inflows and outflows to understand market trends and investor behavior.

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Read more at Nasdaq: XLC, GOOGL, EA, CHTR: Large Inflows Detected at ETF