Client First Investment Management LLC boosted its position in Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Free Report) by 117.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,643 shares of the company’s stock after purchasing an additional 17,621 shares during the quarter. Direxion Daily Semiconductors Bull 3X ETF makes up 2.3% of Client First Investment Management LLC’s portfolio, making the stock its 9th biggest position. Client First Investment Management LLC’s holdings in Direxion Daily Semiconductors Bull 3X ETF were worth $4,827,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3X ETF by 32.5% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 138 shares in the last quarter. SteelPeak Wealth LLC increased its stake in shares of Direxion Daily Semiconductors Bull 3X ETF by 1.2% in the 1st quarter. SteelPeak Wealth LLC now owns 22,757 shares of the company’s stock worth $1,090,000 after acquiring an additional 266 shares in the last quarter. Kaizen Financial Strategies lifted its position in Direxion Daily Semiconductors Bull 3X ETF by 4.6% during the 1st quarter. Kaizen Financial Strategies now owns 7,960 shares of the company’s stock valued at $381,000 after acquiring an additional 350 shares during the period. Anchor Investment Management LLC purchased a new position in Direxion Daily Semiconductors Bull 3X ETF during the 2nd quarter valued at about $107,000. Finally, Western Wealth Management LLC bought a new stake in Direxion Daily Semiconductors Bull 3X ETF during the first quarter worth about $33,000.
Direxion Daily Semiconductors Bull 3X ETF Price Performance
NYSEARCA:SOXL opened at $139.76 on Friday. The firm has a market capitalization of $21.54 billion, a P/E ratio of 35.63 and a beta of 5.75. Direxion Daily Semiconductors Bull 3X ETF has a one year low of $28.12 and a one year high of $302.00. The company’s 50-day simple moving average is $130.80 and its 200 day simple moving average is $148.14.
Direxion Daily Semiconductors Bull 3X ETF Company 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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