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State Street Utilities Select Sector SPDR ETF Experiences Big Inflow
Source: Nasdaq
Market Technicals & FlowsInvestor Sentiment & Positioning
State Street Utilities Select Sector SPDR ETF (XLU) recorded an estimated $844.0 million week-over-week inflow, increasing shares outstanding by approximately 4.1%. The sizable allocation toward utilities suggests increased investor demand for the sector, which is commonly viewed as defensive.
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