Prospera Financial Services Inc Makes New Investment in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Prospera Financial Services Inc bought a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 29,280 shares of the company’s stock, valued at approximately $735,000.

A number of other large investors also recently made changes to their positions in the company. CloudAlpha Capital Management Limited Hong Kong bought a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter valued at $22,677,000. Optivise Advisory Services LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 36.1% during the second quarter. Optivise Advisory Services LLC now owns 17,956 shares of the company’s stock worth $451,000 after buying an additional 4,760 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 26.7% in the second quarter. Bank of Montreal Can now owns 5,933 shares of the company’s stock valued at $149,000 after acquiring an additional 1,250 shares during the period. Westwood Wealth Management grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 31.5% in the second quarter. Westwood Wealth Management now owns 304,070 shares of the company’s stock valued at $7,635,000 after acquiring an additional 72,825 shares in the last quarter. Finally, Howard Capital Management Inc. increased its position in Direxion Daily Semiconductors Bull 3x Shares by 98.8% during the second quarter. Howard Capital Management Inc. now owns 197,439 shares of the company’s stock worth $4,964,000 after acquiring an additional 98,139 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 10.3%

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $39.22 on Friday. The stock has a market capitalization of $11.49 billion, a price-to-earnings ratio of 35.63 and a beta of 4.52. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $7.22 and a twelve month high of $50.76. The company has a 50-day simple moving average of $38.26 and a two-hundred day simple moving average of $27.93.

About Direxion Daily Semiconductors Bull 3x Shares

The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is an exchange-traded fund that is based on the ICE Semiconductor index. The fund provides 3x daily exposure to a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXL was launched on Mar 11, 2010 and is managed by Direxion.