M Holdings Securities Inc. bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 52,639 shares of the company’s stock, valued at approximately $2,212,000.
Several other hedge funds and other institutional investors have also bought and sold shares of SOXL. Jump Financial LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 185.6% during the 3rd quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after acquiring an additional 775,222 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 105.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after acquiring an additional 603,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after acquiring an additional 516,575 shares in the last quarter. Simplex Trading LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 40.2% during the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock valued at $51,971,000 after acquiring an additional 354,575 shares in the last quarter. Finally, Group One Trading LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 65.9% during the 2nd quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock valued at $20,182,000 after acquiring an additional 319,393 shares in the last quarter.
Direxion Daily Semiconductors Bull 3x Shares Trading Down 10.4%
Shares of NYSEARCA SOXL opened at $180.65 on Thursday. The stock has a market capitalization of $24.48 billion, a PE ratio of 35.63 and a beta of 5.70. The stock’s fifty day simple moving average is $145.30 and its two-hundred day simple moving average is $85.59. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $19.84 and a 12-month high of $284.58.
Direxion Daily Semiconductors Bull 3x Shares 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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