Industrial Select Sector SPDR Fund Sees Noteworthy Inflows
ETF XLI Experiences $396.7 Million Inflow and Increased Shares Outstanding
This week, data from ETF Channel highlights significant changes in shares outstanding for various ETFs, particularly the Industrial Select Sector SPDR Fund (Symbol: XLI). This fund welcomed an inflow of approximately $396.7 million, translating to a 1.8% rise in shares outstanding—from 154,126,000 units to 156,926,000 units. Among the major holdings in XLI, General Electric Co (Symbol: GE) dipped around 1.8%, RTX Corp (Symbol: RTX) fell 0.3%, and Union Pacific Corp (Symbol: UNP) decreased by 0.1%. For a detailed breakdown of its holdings, check the XLI Holdings page »
The chart below illustrates XLI’s one-year price performance in relation to its 200-day moving average:
Notably, XLI hit a low point of $112.80 per share within the past year and reached a high of $144.51. The latest trading price stands at $141.44. Investors often compare the current share price with the 200-day moving average for technical analysis insights—learn more about the 200-day moving average ».
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Exchange-traded funds (ETFs) function similarly to stocks. However, instead of “shares,” investors buy and sell “units.” These units are traded like stocks but can also be created or destroyed based on demand. Each week, we track week-over-week changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units means that the underlying assets must be acquired, while unit destruction involves selling those assets, potentially affecting the individual components within the ETFs.
Click here to discover which 9 other ETFs experienced notable inflows »
Also see:
- TENB Average Annual Return
- Institutional Holders of EINC
- ACAX Historical Stock Prices
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
