Significant outflows reported in SOXL and EWK ETFs, impacting semiconductor and Belgium stocks

From Nasdaq: 2024-05-07 10:49:44

ETF Channel reported a significant outflow in Direxion Daily Semiconductor Bull 3X Shares, with 12.6 million units destroyed, a 4.5% decrease from the previous week. Advanced Micro Devices remained flat, while Analog Devices saw a 0.8% increase. iShares MSCI Belgium ETF had the largest percentage outflow, losing 400,000 units, a 35.7% decline from the prior week.



Read more at Nasdaq: SOXL, EWK: Big ETF Outflows