Simplex Trading LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Free Report) in the 3rd quarter, Holdings Channel reports. The fund acquired 198,348 shares of the company’s stock, valued at approximately $29,328,000.
Several other institutional investors and hedge funds have also made changes to their positions in SOXL. IMC Chicago LLC grew its holdings in shares of 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 during the last quarter. Optiver Holding B.V. raised its stake in Direxion Daily Semiconductors Bull 3X ETF by 831.0% in the 1st quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock worth $13,525,000 after acquiring an additional 251,587 shares during the last quarter. M Holdings Securities Inc. raised its stake in Direxion Daily Semiconductors Bull 3X ETF by 4.5% in the 3rd quarter. M Holdings Securities Inc. now owns 47,601 shares of the company’s stock worth $7,038,000 after acquiring an additional 2,048 shares during the last quarter. Client First Investment Management LLC raised its stake in Direxion Daily Semiconductors Bull 3X ETF by 117.3% in the 3rd quarter. Client First Investment Management LLC now owns 32,643 shares of the company’s stock worth $4,827,000 after acquiring an additional 17,621 shares during the last quarter. Finally, SteelPeak Wealth LLC raised its stake in 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 during the last quarter.
Direxion Daily Semiconductors Bull 3X ETF Stock Performance
Shares of SOXL opened at $56.20 on Tuesday. The stock has a 50-day moving average of $114.12 and a two-hundred day moving average of $123.51. Direxion Daily Semiconductors Bull 3X ETF has a one year low of $28.12 and a one year high of $302.00. The stock has a market cap of $15.59 billion, a P/E ratio of 35.63 and a beta of 5.93.
Direxion Daily Semiconductors Bull 3X ETF 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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