The Communication Services Select Sector SPDR Fund Experiences Big Outflow

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR Fund (Symbol: XLC) where we have detected an approximate $140.5 million dollar outflow -- that's a 1.5% decrease week over week (from 169,000,000 to 166,400,000). Among the largest underlying components of XLC, in trading today Charter Communications Inc (Symbol: CHTR) is off about 0.8%, Activision Blizzard, Inc. (Symbol: ATVI) is off about 0.4%, and Electronic Arts, Inc. (Symbol: EA) is lower by about 0.5%. For a complete list of holdings, visit the XLC Holdings page The chart below shows the one year price performance of XLC, versus its 200 day moving average:

Looking at the chart above, XLC's low point in its 52 week range is $44.86 per share, with $76.57 as the 52 week high point that compares with a last trade of $53.98. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average .