This article first appeared on GuruFocus. State Street Industrial Select Sector SPDR ETF (XLI) posted a net outflow of $274.7 million in Thursday's session, with gross ETF activity of $274.7 million all on the sell side. XLI decreased all 83 of its positions and increased none, leaving its $29.54 billion portfolio with no new buys. Every top sell was a reduction of an existing stake rather than an exit. What did XLI sell on Thursday? Is XLI fairly valued? Test your thesis with our free DCF calculator. Its largest sells by dollar value were GE ($17.3 million), RTX ($13.7 million) and CAT ($13.5 million). Stock Shares changed Value Position GENERAL ELECTRIC (GE) -55,115 -$17.3M 6.33% of fund RTX CORP (RTX) -71,470 -$13.7M 5.
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