Intel’s Blowout Quarter Lifts LINT, FTXL, AND SOXQ After Hours: What You Should Know About These ETFs

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Intel Corp.‘s (NASDAQ:INTC) incredible run in extended trading on Thursday has driven gains in ETFs like Direxion Daily INTC Bull 2X ETF (NASDAQ:LINT), First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL), and Invesco PHLX Semiconductor ETF (SOXQ), which have the largest exposure to this chipmaker.

Direxion Daily INTC Bull 2X ETF

LINT seeks two times (200%) the performance of the share price of INTC. It has $19.5 million in assets under management (AUM) and trades an average volume of 135,000 shares. The ETF charges a steep 0.97% annual fee.

Benzinga Edge Stock Rankings indicate LINT maintains a strong price trend in the short, medium and long term.

Price Action: LINT skyrocketed 39% in extended trading on Thursday

First Trust Nasdaq Semiconductor ETF

FTXL offers exposure to U.S. semiconductor companies by tracking the Nasdaq US Smart Semiconductor Index. It holds 34 stocks in its basket, with Intel taking the top spot at 9.1% share. The ETF has $1.9 billion in AUM and trades in an average volume of 157,000 shares. It has an expense ratio of 0.60%.

Benzinga Edge Stock Rankings indicate FTXL has a Momentum score in the 95th percentile and …

Full story available on Benzinga.com

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