This week, the Daily S&P 500 Bull 3X Shares (SPXL) experienced a significant outflow of approximately $165 million, resulting in a 4.9% decrease in shares outstanding, dropping from 28,600,001 to 27,200,001. This change highlights shifting investor sentiment towards this leveraged ETF.
SPXL’s current share price is $117.53, which is notably below its 52-week high of $147.98 and above its 52-week low of $69.77. This performance is relevant as investors analyze the ETF’s price in relation to its 200-day moving average.
