XLK, ORCL, IBM, CRM: ETF Inflow Alert

State Street Technology Select Sector SPDR ETF (XLK) registered an approximate $438.6M inflow, a ~0.5% week-over-week increase in shares outstanding. The move indicates modest incremental demand into the technology sector ETF universe but is unlikely to produce material market-wide effects.

Analysis

State Street Technology Select Sector SPDR ETF (XLK) registered an approximate $438.6M inflow, a ~0.5% week-over-week increase in shares outstanding. The move indicates modest incremental demand into the technology sector ETF universe but is unlikely to produce material market-wide effects.