SOXL’s Impressive Momentum
After assessing the ETF landscape, a remarkable uptick caught the eye of investors. The Direxion Daily Semiconductor Bull 3X Shares, part of the SOXL coverage universe, witnessed a substantial influx of 29,600,000 units in the past week alone. This surge marked a notable 15.7% escalation from the previous week. Despite minor dips in Advanced Micro Devices and Analog Devices during morning trading today, the overarching trajectory of SOXL remains on an upward trajectory.
CGHM’s Striking Ascent
Similarly, the CGHM ETF emerged as a standout performer in terms of percentage growth, experiencing a notable 38.5% surge with the addition of 500,000 units. This significant increase in outstanding units reflects a strong market sentiment and investor confidence in the CGHM ETF.