Alchemi Wealth LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 18,949 shares of the company’s stock, valued at approximately $796,000.
A number of other institutional investors have also modified their holdings of SOXL. Insigneo Advisory Services LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth $395,000. Commonwealth Equity Services LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 53.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 99,847 shares of the company’s stock valued at $4,197,000 after buying an additional 34,932 shares in the last quarter. StoneX Group Inc. boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 268.1% in the fourth quarter. StoneX Group Inc. now owns 33,372 shares of the company’s stock valued at $1,403,000 after purchasing an additional 24,307 shares during the last quarter. Group One Trading LLC lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 21.3% during the 4th quarter. Group One Trading LLC now owns 337,542 shares of the company’s stock worth $14,187,000 after buying an additional 59,263 shares during the last quarter. Finally, M Holdings Securities Inc. bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter worth approximately $2,212,000.
Direxion Daily Semiconductors Bull 3x Shares Stock Performance
Shares of SOXL stock opened at $234.68 on Friday. The stock has a market cap of $31.80 billion, a PE ratio of 35.63 and a beta of 5.70. The business’s fifty day moving average is $152.47 and its 200-day moving average is $87.98. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $19.84 and a 1 year high of $284.58.
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.
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