Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Get Free Report) traded up 7.6% during trading on Wednesday . The stock traded as high as $250.21 and last traded at $243.48. 10,235,817 shares were traded during trading, a decline of 87% from the average session volume of 77,397,922 shares. The stock had previously closed at $226.19.
Direxion Daily Semiconductors Bull 3x Shares Trading Up 9.4%
The firm has a market cap of $33.52 billion, a P/E ratio of 35.63 and a beta of 5.70. The business’s fifty day simple moving average is $160.33 and its 200-day simple moving average is $91.32.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bull 3x Shares
A number of large investors have recently modified their holdings of the stock. Optiver Holding B.V. boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 831.0% during the 1st quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock valued at $13,525,000 after purchasing an additional 251,587 shares in the last quarter. Serenity Investment Advisors bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at about $116,000. Vestor Capital LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 70.0% during the 1st quarter. Vestor Capital LLC now owns 4,326 shares of the company’s stock valued at $207,000 after purchasing an additional 1,782 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at about $33,000. Finally, Lido Advisors LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 120.6% during the 1st quarter. Lido Advisors LLC now owns 13,079 shares of the company’s stock valued at $627,000 after purchasing an additional 7,150 shares in the last quarter.
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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