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Market Impact: 0.2
State Street Technology Select Sector SPDR ETF Experiences Big Outflow
Source: Nasdaq
Market Technicals & FlowsInvestor Sentiment & PositioningTechnology & Innovation
State Street's Technology Select Sector SPDR ETF (XLK) recorded approximately $284.4 million of net outflows week over week, equivalent to a 0.2% decrease in shares outstanding. The flow signals modest investor withdrawal from the technology-sector ETF but is unlikely to have broad market implications on its own.
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