M Holdings Securities Inc. Sells 6,097 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

M Holdings Securities Inc. lowered its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXLFree Report) by 11.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,553 shares of the company’s stock after selling 6,097 shares during the period. Direxion Daily Semiconductors Bull 3x Shares accounts for 1.6% of M Holdings Securities Inc.’s investment portfolio, making the stock its 12th biggest holding. M Holdings Securities Inc.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $12,149,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 32.5% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares during the last quarter. Verus Capital Partners LLC increased its position in Direxion Daily Semiconductors Bull 3x Shares by 1.7% in the fourth quarter. Verus Capital Partners LLC now owns 11,774 shares of the company’s stock worth $495,000 after buying an additional 200 shares during the last quarter. 1248 Management LLC increased its position in Direxion Daily Semiconductors Bull 3x Shares by 33.3% in the fourth quarter. 1248 Management LLC now owns 800 shares of the company’s stock worth $34,000 after buying an additional 200 shares during the last quarter. SteelPeak Wealth LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 1.2% in the first quarter. SteelPeak Wealth LLC now owns 22,757 shares of the company’s stock valued at $1,090,000 after buying an additional 266 shares during the period. Finally, Kaizen Financial Strategies raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 4.6% in the first quarter. Kaizen Financial Strategies now owns 7,960 shares of the company’s stock valued at $381,000 after buying an additional 350 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of NYSEARCA SOXL opened at $111.34 on Monday. The stock has a market capitalization of $18.86 billion, a PE ratio of 35.63 and a beta of 5.73. Direxion Daily Semiconductors Bull 3x Shares has a one year low of $23.80 and a one year high of $302.00. The business’s fifty day moving average price is $158.14 and its 200-day moving average price is $133.47.

Direxion Daily Semiconductors Bull 3x Shares Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

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