The Technology Select Sector SPDR Fund (XLK) saw a $464.8 million dollar inflow, a 0.5% increase in outstanding units week over week. Top holdings include Microsoft (MSFT), up 0.3%, Apple (AAPL), down 1%, and IBM, up 0.6%. XLK’s 52-week range is $172.45 to $305.99, currently trading at $300.89.
ETFs, like stocks, trade in units that can be bought and sold. Weekly monitoring of shares outstanding data helps track inflows and outflows. Large flows impact the ETF’s underlying holdings, as new units require purchasing and destroyed units involve selling. Stay informed about ETFs with notable inflows.
For more information, visit ETF Channel for a complete list of holdings in XLK and to discover other ETFs with notable inflows. Explore funds holding KFN, technical analysis on MGM Resorts International, and ABUS price target. The author’s views and opinions may differ from Nasdaq, Inc.
Read more at Nasdaq: XLK, MSFT, AAPL, IBM: ETF Inflow Alert
