Big Inflows From SPY, Outflows From XLK Last Week – Yahoo Finance
Last week, there were significant inflows into the SPDR S&P 500 ETF (SPY) and outflows from the Technology Select Sector SPDR Fund (XLK). This movement in the funds indicates that investors were putting more money into the S&P 500 index and pulling out of the technology sector. The SPY saw a boost in investments, while the XLK saw a decrease in assets. This shift could be a reflection of changing market trends and investor sentiment. Investors should keep an eye on these movements as they could indicate potential shifts in the market.