Prime Capital Investment Advisors LLC Purchases 6,810 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

Prime Capital Investment Advisors LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 49.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,686 shares of the company’s stock after buying an additional 6,810 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter valued at $195,000. Archford Capital Strategies LLC lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 49.4% during the 1st quarter. Archford Capital Strategies LLC now owns 20,343 shares of the company’s stock valued at $324,000 after acquiring an additional 6,727 shares during the period. Parallel Advisors LLC lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 194.9% during the 2nd quarter. Parallel Advisors LLC now owns 16,257 shares of the company’s stock valued at $408,000 after acquiring an additional 10,745 shares during the period. Bank of Nova Scotia bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at about $416,000. Finally, Stuart Chaussee & Associates Inc. bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at about $750,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 19.0%

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $34.21 on Friday. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 35.63 and a beta of 4.08. The company’s 50 day moving average is $30.30 and its 200 day moving average is $22.63. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $7.22 and a twelve month high of $43.37.

About Direxion Daily Semiconductors Bull 3x Shares

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.