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Semiconductors ETF SOXL sees 39% jump in trading volume, raising caution despite gains.
On Monday, the Direxion Daily Semiconductors Bull 3x Shares (SOXL) saw a 39% jump in trading volume, with 115 million shares traded.
The ETF, priced at $7.34, tracks 30 US-listed semiconductor companies and offers 3x daily exposure.
Despite the surge, its high volatility and a beta of 4.11 signal significant risks.
Market analysts advise considering the semiconductor industry's overall performance before investing.
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Semiconductores ETF SOXL ve un salto del 39% en el volumen de trading, aumentando la precaución a pesar de las ganancias.