The State Street Materials Select Sector SPDR ETF (XLB) experienced a significant outflow of approximately $219.1 million, marking a 3.6% decrease in outstanding shares this week, from 124,497,450 to 120,047,450. This change occurred recently, indicating notable investor movement within the ETF.
In trading today, key components of the ETF showed mixed performance; CRH plc (CRH) rose about 1.2%, Ecolab Inc (ECL) gained 0.3%, and Air Products & Chemicals Inc (APD) increased by 0.5%. Over the past year, XLB has fluctuated between a low of $36.56 and a high of $49.76, with its last trade recorded at $49.54.
