SOXL: ETF Inflow Alert

$Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US)$ Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SOXL where have detected an approximate $180.3 million dollar inflow -- that's a 4.0% increase week over week in outstanding units.

ETFs trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.