Shares of Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $128.40, but opened at $118.42. Direxion Daily Semiconductors Bull 3X ETF shares last traded at $123.0430, with a volume of 24,334,386 shares.
Direxion Daily Semiconductors Bull 3X ETF Stock Performance
The company’s 50 day moving average price is $130.35 and its 200 day moving average price is $150.26. The company has a market cap of $17.22 billion, a price-to-earnings ratio of 35.63 and a beta of 5.75.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bull 3X ETF
Several institutional investors and hedge funds have recently modified their holdings of SOXL. IMC Chicago LLC raised its holdings in Direxion Daily Semiconductors Bull 3X ETF by 550.1% during the first quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock valued at $18,389,000 after buying an additional 324,775 shares in the last quarter. Optiver Holding B.V. lifted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 831.0% in the first quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock worth $13,525,000 after buying an additional 251,587 shares during the last quarter. Client First Investment Management LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 117.3% in the third quarter. Client First Investment Management LLC now owns 32,643 shares of the company’s stock worth $4,827,000 after buying an additional 17,621 shares during the last quarter. Private Client Services LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 30.2% in the third quarter. Private Client Services LLC now owns 10,324 shares of the company’s stock worth $1,527,000 after buying an additional 2,393 shares during the last quarter. Finally, Clay Northam Wealth Management LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF during the 2nd quarter worth about $1,178,000.
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.
Recommended Stories
- Five stocks we like better than Direxion Daily Semiconductors Bull 3X ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for Direxion Daily Semiconductors Bull 3X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bull 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
