Significant ETF Outflows Detected in XLU, CEG, SO, DUK

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The Utilities Select Sector SPDR Fund (Symbol: XLU) experienced a significant outflow of approximately $232.9 million, marking a 1.1% decrease in shares outstanding from 247,274,160 to 244,574,160 week over week.

As of the latest trade, XLU’s share price stands at $86.25, within a 52-week range of $71.02 to $87.665. Key underlying components include Constellation Energy Corp (CEG) down 2.4%, Southern Company (SO) up 0.2%, and Duke Energy Corp (DUK) down 0.1%.

For reference, the fund is trading below its 200-day moving average, illustrating recent downward trends.

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