ETF Channel flagged a ~$409.7 million inflow into the State Street Materials Select Sector SPDR ETF (XLB), representing a 5.1% week-over-week increase in shares outstanding. The flow suggests modestly improving sentiment toward the materials/commodity-linked sector, though it’s unlikely to be broadly market-moving.
ETF Channel flagged a ~$409.7 million inflow into the State Street Materials Select Sector SPDR ETF (XLB), representing a 5.1% week-over-week increase in shares outstanding. The flow suggests modestly improving sentiment toward the materials/commodity-linked sector, though it’s unlikely to be broadly market-moving.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment
