Intel/Altera Rumor Stokes Inflows to Leveraged Chip ETF

As of March 27, SOXX had a 7.9% weight to Intel, making the stock the ETF’s second-largest holding, and a 3.1% weight to Altera.

Last Friday’s inflows into SOXL help trim the ETF’s year-to-date outflows to $20.2 million. The ETF’s bearish equivalent, the Direxion Daily Semiconductors Bear 3x Shares (NYSEArca: SOXS), has added $2.3 million in new assets this year.

Direxion Daily Semiconductors Bull 3x Shares