ETF Inflows Highlight Semiconductors and Micron This Week

In the latest comparison of outstanding units from the ETF Channel coverage universe, the Direxion Daily Semiconductors Bull 3x Shares (SOXL) recorded the largest inflow, adding 181,700,000 units. This marks a 30.1% increase from the previous week. During morning trading today, two of SOXL’s significant underlying components, Broadcom, experienced a decline of approximately 0.9%, while Nvidia dropped about 2.9%.

On a percentage basis, the ETF with the most substantial inflow was the Direxion Daily MU Bull 2X Shares (MUU), which saw an increase of 575,000 units, equating to a 38.3% growth in outstanding units. In morning trading, Micron Technology, a key component of MUU, was down around 2.7%.

VIDEO: SOXL, MUU: Big ETF Inflows

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