Direxion Daily S&P 500 Bull 3X (SPXL) experienced a significant outflow of approximately $310.6 million last week, representing a 5.5% decrease in shares outstanding, declining from 28,900,001 to 27,300,001 units.
As of the latest trading, SPXL’s share price stands at $193.07, compared to its 52-week high of $195.28 and a low of $87.08. The ETF’s performance has been influenced by key components including Eaton Corp (ETN) down 0.3%, KLA Corp (KLAC) up 0.1%, and ConocoPhillips (COP) down 1%.
