The State Street Technology Select Sector SPDR ETF (XLK) experienced a significant outflow of approximately $660.9 million, representing a 0.7% decrease in shares outstanding, from 641,411,794 to 636,861,794 units. This change occurred within the last week, impacting investor sentiment in the technology sector.
Over the past year, XLK has fluctuated between a low of $86.225 and a high of $152.995 per share, closing recently at $142.02. The ETF’s current price is being compared to its 200-day moving average, a common technical analysis tool, for additional market insight.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
