The State Street Industrial Select Sector SPDR ETF (XLI) experienced an outflow of approximately $207.4 million, reflecting a 0.6% week-over-week decrease in shares outstanding, from 186,126,000 to 184,976,000. Key components of XLI, including RTX Corp (RTX) down 0.9%, GE Vernova Inc (GEV) flat, and Union Pacific Corp (UNP) down 1.1%, contributed to this trend.
Over the past year, XLI has traded between a low of $147.135 and a high of $188.19, with its latest price at $178.78. This positions the ETF above its 200-day moving average, which can be a significant indicator for technical analysis.
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