The State Street Technology Select Sector SPDR ETF (XLK) experienced a notable $342.7 million outflow this week, marking a 0.3% decrease in shares outstanding from 653,011,794 to 651,111,794. This outflow occurred amidst mixed performance among its major holdings; Dell Technologies Inc (DELL) rose by 2.2%, while Lumentum Holdings Inc (LITE) fell by 1.6%.
XLK’s current trading price is $185.48, close to its 52-week high of $185.51 and significantly above its low of $113.71. The ETF’s performance is evaluated against its 200-day moving average for technical analysis.
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