The Communication Services Select Sector SPDR Fund (Symbol: XLC) experienced an outflow of approximately $1.1 billion, representing a 4.3% decrease in shares outstanding from 236,800,000 to 226,650,000. This data was reported week-over-week. Key components of XLC, including Electronic Arts, Inc. (Symbol: EA), Take-Two Interactive Software, Inc. (Symbol: TTWO), and Comcast Corp (Symbol: CMCSA), showed modest gains of 0.3% and 2% respectively.
Currently, XLC’s share price stands at $111.30, with a 52-week low of $82.65 and a high of $112.22. This performance is relevant for investors analyzing the fund’s 200-day moving average.
