SG Americas Securities LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,836 shares of the company’s stock, valued at approximately $328,000.
A number of other institutional investors and hedge funds have also modified their holdings of SOXL. Raymond James Financial Inc. purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter worth about $25,000. Pin Oak Investment Advisors Inc. purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at about $25,000. 1248 Management LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 33.3% during the 4th quarter. 1248 Management LLC now owns 800 shares of the company’s stock valued at $34,000 after acquiring an additional 200 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at about $36,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at about $37,000.
Direxion Daily Semiconductors Bull 3x Shares Price Performance
NYSEARCA SOXL opened at $192.45 on Friday. The company has a 50 day simple moving average of $206.28 and a 200-day simple moving average of $113.12. The firm has a market capitalization of $22.81 billion, a price-to-earnings ratio of 35.63 and a beta of 5.66. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $22.57 and a 52-week high of $302.00.
Direxion Daily Semiconductors Bull 3x Shares Profile
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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