ETFs See Significant Inflows: Insights on SOXL and TCHI
Comparing units outstanding from one week ago within the ETF Channel coverage universe, the greatest inflow was recorded in the Direxion Daily Semiconductor Bull 3X Shares (SOXL). This ETF gained 40,950,000 units, reflecting a robust 13.1% increase week over week. In morning trading today, notable shifts among SOXL’s largest components included Advanced Micro Devices, which decreased by approximately 0.9%, and Analog Devices, which fell about 0.8%.
In terms of percentage change, the ETF with the most substantial increase in inflows was the iShares MSCI China Multisector Tech ETF (TCHI). This fund added 200,000 units, amounting to an impressive 40.0% rise in outstanding units. Among the leading stocks in TCHI, PDD Holdings experienced a slight gain of about 0.1%, while Tal Education Group increased by roughly 0.7% during morning trading.
VIDEO: SOXL, TCHI: Big ETF Inflows
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