Energy Sector ETF Outflow Analysis: XLE, COP, WMB, MPC

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The Energy Select Sector SPDR Fund (XLE) experienced an outflow of approximately $566.2 million, representing a 2.1% decrease in shares outstanding, from 305,824,200 to 299,474,200 week-over-week. This change was observed on a trading day where major components such as ConocoPhillips (COP), Williams Cos Inc (WMB), and Marathon Petroleum Corp. (MPC) reported declines of about 2.1%, 1.2%, and 1.5%, respectively.

XLE’s current share price is $88.07, positioned between its 52-week low of $74.49 and high of $95.93. The fund’s performance is also compared against its 200-day moving average, an important metric in technical analysis.

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