Significant Outflows in XLC ETF

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The State Street Communication Services Select Sector SPDR ETF (XLC) has experienced a significant outflow of approximately $1.9 billion, representing a 6.4% decrease in shares outstanding week-over-week, dropping from 245.3 million to 229.55 million. This data highlights notable investor movements within the ETF as of the latest reporting.

As for performance metrics, XLC’s shares range from a 52-week low of $84.02 to a high of $119.55, with the most recent trade recorded at $118.33. The ETF’s price is currently being assessed in relation to its 200-day moving average, which can be an essential indicator for investors tracking market trends.

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