The Communication Services Select Sector SPDR Fund (XLC) experienced a significant outflow of approximately $310.4 million, marking a 1.4% decrease in shares outstanding, from 203.75 million to 200.95 million week over week.
As of the latest trading session, XLC shares are priced at $111.01, with a 52-week low of $105.03 and a high of $120.40. Among its largest components, Live Nation Entertainment Inc (LYV) declined by 0.3%, Take-Two Interactive Software, Inc. (TTWO) fell by 1%, while T-Mobile US Inc (TMUS) rose by 1.9%.
These movements may reflect broader trends and demand fluctuations in the ETF market, impacting the underlying holdings of XLC.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
