The Communication Services Select Sector SPDR Fund (XLC) experienced a significant inflow of approximately $267 million, resulting in a 1.1% increase in outstanding units, which rose from 215 million to 217.4 million. This increase was reported in the week leading up to the release, indicating robust investor interest in the ETF.
As of the latest trading session, XLC’s share price stood at $110.50, up from a 52-week low of $84.02 and below a 52-week high of $120.40. Among its major components, AT&T Inc (T) declined by 0.4%, Electronic Arts, Inc. (EA) by 0.1%, and Warner Bros Discovery Inc (WBD) by 0.5%.
