The Consumer Staples Select Sector SPDR Fund (XLP) experienced a week-over-week outflow of approximately $190.3 million, marking a 1.3% decrease in shares outstanding, from 172,771,809 to 170,571,809 units. This change highlights notable investor behavior in the ETF as of the latest trading session.
Key components of XLP include Colgate-Palmolive Co. (CL), which rose about 0.7%, and Target Corp (TGT), which declined approximately 0.7%. The price of XLP fluctuated between a 52-week low of $75.16 and a high of $90.14, with its last trade recorded at $86.62.
ETFs, including XLP, function similarly to stocks, where significant inflows or outflows can impact the underlying assets held within the fund.
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