Significant increase in units for Direxion Daily Semiconductor Bull 3X Shares and SCAP ETF

From Nasdaq: 2024-06-28 14:12:22

ETF Channel reported a significant increase in units outstanding in the Direxion Daily Semiconductor Bull 3X Shares, adding 10.1 million units, a 5.5% rise from the previous week. Underlying components such as Advanced Micro Devices and Analog Devices also saw positive gains in morning trading.

The SCAP ETF recorded the largest percentage increase in inflows, adding 50,000 units for a 38.5% rise in outstanding units, showcasing strong investor interest.

Read more at Nasdaq: SOXL, SCAP: Big ETF Inflows