Seohak Ants Net-Buy 936.6 Billion Won Worth in Just Two Days... What Captured Their Attention?

It is an exchange-traded fund (ETF) that tracks 3 times the daily return of the Philadelphia Semiconductor Index in the U.S., commonly referred to as "SOXL".

It was revealed that retail investors investing in the U.S. stock market, so-called "Seohak ants," net-purchased 662.85 million dollars, or approximately 936.6 billion won, worth of this "SOXL" on the 12th and 13th.

This scale is 13 times that of Alphabet, which was the second most-purchased stock during the same period.

Seohak ants had previously net-sold 1.63089 billion dollars worth of "SOXL" up to the 11th, including dumping 664.39 million dollars in a single day on the 3rd, but they reversed their stance as global semiconductor stocks showed strength again.

In fact, the U.S. Philadelphia Semiconductor Index, which had dropped to 10,447.49, also showed strength by rising to 12,456.00 on the 13th.

The estimated value of "SOXL" held by Seohak ants stood at 6.55903 billion dollars as of the 12th.

This ranks fourth in terms of holdings by Seohak ants, following Tesla, Nvidia, and Alphabet.

This marks a sharp rise in ranking from 10th at the end of April.

The fact that the share price of "SOXL," which stood at 114.72 dollars at the end of last month, surged by more than 25% as of the 13th also had an impact.

Entering August through the 13th, Seohak ants have net-purchased 1.15670 billion dollars in U.S. stocks.

This continues a three-month streak of net purchases since turning to a net buyer in the U.S. market last June, although it has not yet reached the scale of July's net purchases.

Reported by Jeong Yu-mi | Video by Na Hong-hee | Graphics by Lee Jung-joo | Produced by SBS Digital News
※ Please note: This article was translated by AI and may contain errors.