Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $158.54, but opened at $147.10. Direxion Daily Semiconductors Bull 3x Shares shares last traded at $157.85, with a volume of 14,628,073 shares trading hands.
Direxion Daily Semiconductors Bull 3x Shares Price Performance
The company’s 50-day moving average price is $206.81 and its two-hundred day moving average price is $119.63. The company has a market capitalization of $22.41 billion, a price-to-earnings ratio of 35.63 and a beta of 5.66.
Institutional Trading of Direxion Daily Semiconductors Bull 3x Shares
A number of large investors have recently bought and sold shares of the business. Simplex Trading LLC lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 40.2% in the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock valued at $51,971,000 after purchasing an additional 354,575 shares during the period. Jump Financial LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 185.6% during the third quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock worth $41,562,000 after purchasing an additional 775,222 shares during the period. Tower Research Capital LLC TRC increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 105.7% in the third quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock worth $40,912,000 after purchasing an additional 603,324 shares in the last quarter. Group One Trading LLC increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 65.9% in the second quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock worth $20,182,000 after purchasing an additional 319,393 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after purchasing an additional 516,575 shares in the last quarter.
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.
Featured Articles
- Five stocks we like better than Direxion Daily Semiconductors Bull 3x Shares
- Robotaxi Mode Engaged: Tesla Starts Monetizing Its Florida Fleet
- Velo3D Forges a New Reality After Its Sharp Stock Sell-Off
- Why Apple Could Be the Last One Standing in the Tech Wreck
- GE Sparks a High-Voltage Aviation Breakout
Receive News & Ratings for Direxion Daily Semiconductors Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
