XLB, LIN, FCX, SHW: Large Inflows Detected at ETF

ETF Channel reports a notable week-over-week inflow into the State Street Materials Select Sector SPDR ETF (XLB) of approximately $248.4M, equivalent to a 2.9% increase in shares outstanding. The flow suggests modest investor appetite for the materials sector, though it’s unlikely to be market-wide.

Analysis

ETF Channel reports a notable week-over-week inflow into the State Street Materials Select Sector SPDR ETF (XLB) of approximately $248.4M, equivalent to a 2.9% increase in shares outstanding. The flow suggests modest investor appetite for the materials sector, though it’s unlikely to be market-wide.