Significant Outflow Hits the Materials Select Sector SPDR Fund

Published On: May 29, 2025 2:29 pm

Materials Select Sector SPDR Fund Sees $163.4 Million Outflow

The Materials Select Sector SPDR Fund (Symbol: XLB) experienced a significant week-over-week outflow of approximately $163.4 million, marking a 3.3% decrease in shares outstanding from 56,923,725 to 55,023,725.

Among XLB’s largest components today, Ecolab Inc (Symbol: ECL) increased by about 0.2%, while Newmont Corp (Symbol: NEM) and Corteva Inc (Symbol: CTVA) both decreased by roughly 0.6%. For a detailed list of holdings, view the XLB Holdings page.

The Materials Select Sector SPDR Fund 200 Day Moving Average Chart

XLB’s current price stands at $86.01, with the 52-week low at $73.12 and the high at $97.87. Additionally, comparing the latest share price to the 200-day moving average provides useful technical insights.

Exchange-traded funds (ETFs) function similarly to stocks, selling “units” instead of “shares.” These units can be traded or adjusted based on investor activity. Weekly monitoring of shares outstanding helps identify ETFs with notable inflows or outflows. When units are created, the underlying holdings must be bought; conversely, unit destruction involves selling underlying assets, influencing individual component prices within the ETFs.

Click here to find out which 9 other ETFs experienced notable outflows.