Shares of Direxion Daily Semiconductors Bear 3X ETF (NYSEARCA:SOXS – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $49.23, but opened at $43.86. Direxion Daily Semiconductors Bear 3X ETF shares last traded at $44.72, with a volume of 20,861,176 shares trading hands.
Direxion Daily Semiconductors Bear 3X ETF Price Performance
The business’s 50-day moving average price is $41.77 and its 200 day moving average price is $80.56.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bear 3X ETF
A number of institutional investors and hedge funds have recently modified their holdings of the company. Allworth Financial LP bought a new position in Direxion Daily Semiconductors Bear 3X ETF during the second quarter worth about $130,000. Corient Private Wealth LP acquired a new position in Direxion Daily Semiconductors Bear 3X ETF during the second quarter worth approximately $78,000. Tidal Investments LLC bought a new stake in Direxion Daily Semiconductors Bear 3X ETF in the 2nd quarter valued at $117,000. PCG Wealth Advisors LLC acquired a new position in shares of Direxion Daily Semiconductors Bear 3X ETF in the second quarter valued at $55,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Direxion Daily Semiconductors Bear 3X ETF in the second quarter valued at $45,000.
Direxion Daily Semiconductors Bear 3X ETF Company Profile
Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.
Featured Articles
- Five stocks we like better than Direxion Daily Semiconductors Bear 3X ETF
- The AI Trade Just Moved Into Your Bloodstream, and 4 Healthcare Stocks Are Winning
- 5 Beaten-Down AI Names That Could Bounce If Fear Fades
- Could AI Finally Unlock Apple’s Next Leg of Growth?
- Women Drive the Job Market—These 3 Stocks Are Following Them
Receive News & Ratings for Direxion Daily Semiconductors Bear 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 Bear 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
