SLT Holdings LLC purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,700 shares of the company’s stock, valued at approximately $240,000.
A number of other large investors also recently made changes to their positions in SOXL. Jump Financial LLC lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 185.6% in the 3rd quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after purchasing an additional 775,222 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 105.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after purchasing an additional 603,324 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after purchasing an additional 516,575 shares during the period. Group One Trading LLC lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 65.9% in the 2nd quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock valued at $20,182,000 after purchasing an additional 319,393 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $10,829,000.
Direxion Daily Semiconductors Bull 3x Shares Price Performance
SOXL stock opened at $190.56 on Monday. The business’s fifty day moving average is $100.79 and its 200-day moving average is $68.86. The company has a market cap of $25.82 billion, a P/E ratio of 35.63 and a beta of 5.55. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $15.10 and a twelve month high of $195.27.
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.
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