Communication Services ETF Sees $157.8 Million Inflow This Week
In the latest week, The Communication Services Select Sector SPDR Fund (Symbol: XLC) experienced a notable inflow of approximately $157.8 million. This represents a 0.7% increase in outstanding units, rising from 212,700,000 to 214,250,000.
Among XLC’s largest underlying components, Live Nation Entertainment Inc (Symbol: LYV) fell by 0.4%, Charter Communications Inc (Symbol: CHTR) decreased by 0.6%, and Walt Disney Co. (Symbol: DIS) also declined by 0.6%. For a complete list of holdings, please visit the XLC Holdings page.
The chart below illustrates XLC’s one-year price performance against its 200-day moving average:
XLC’s 52-week price range shows a low of $81.15 and a high of $105.58, with the last trade recorded at $101.92. Analyzing the current share price against the 200-day moving average can provide useful insights for investors.
Exchange-Traded Funds (ETFs) operate like stocks, with investors trading “units” instead of shares. These units can be created or destroyed to meet investor demand. This week’s monitoring of shares outstanding helps identify ETFs with significant inflows or outflows, impacting the underlying holdings.
For additional information on other ETFs with notable inflows, click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
