The Direxion Daily S&P 500 Bull 3X ETF (SPXL) experienced a significant outflow of approximately $127.8 million, representing a 1.9% decrease in shares outstanding from 24,300,001 to 23,850,001 in the past week. This change highlights investor movement in the ETF market as of the latest trading period.
SPXL’s share price has fluctuated between a 52-week low of $168.04 and a high of $303.18, with the most recent trade occurring at $285.73. Key underlying components also saw movement, with Marvell Technology Inc (MRVL) rising by 5.5%, while The Charles Schwab Corporation (SCHW) and Boeing Co. (BA) dipped by 0.8% and rose by 0.7%, respectively.
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