Light at the end of the tunnel (piece of news on SOXL)


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Posted by Phù Vân (136..98.176) on April 27, 2022 at 06:41:52:


https://finance.yahoo.com/news/investors-pour-1b-triple-leveraged-173000037.html
Investors Pour $1B Into Triple Leveraged Semiconductor ETF

The Direction Daily Semiconductor Bull 3X Shares (SOXL) has lost nearly 28% this month, but investors seem to be holding onto hopes of a sentiment-driven spike.

SOXL has taken in $1 billion in net new assets in the past week, according to FactSet data, more than any other ETF on the U.S. markets. The triple-levered bet has taken in $4.2 billion in new assets year –to date, far outpacing the $2.6 billion in inflows for the nonleveraged VanEck Semiconductor ETF (SMH).


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