Direxion Daily Semiconductors Bear 3X ETF (NYSEARCA:SOXS – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $29.63, but opened at $31.55. Direxion Daily Semiconductors Bear 3X ETF shares last traded at $31.51, with a volume of 25,954,870 shares traded.
Direxion Daily Semiconductors Bear 3X ETF Stock Up 4.7%
The company has a fifty day simple moving average of $43.77 and a 200-day simple moving average of $101.24.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bear 3X ETF
Hedge funds have recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in Direxion Daily Semiconductors Bear 3X ETF during the 4th quarter worth about $6,178,000. Two Sigma Securities LLC acquired a new stake in Direxion Daily Semiconductors Bear 3X ETF in the 2nd quarter valued at about $3,126,000. GTS Securities LLC purchased a new position in shares of Direxion Daily Semiconductors Bear 3X ETF in the 2nd quarter valued at about $1,109,000. Allworth Financial LP purchased a new position in shares of Direxion Daily Semiconductors Bear 3X ETF in the 2nd quarter valued at about $130,000. Finally, Tidal Investments LLC acquired a new position in shares of Direxion Daily Semiconductors Bear 3X ETF during the second quarter worth about $117,000.
About Direxion Daily Semiconductors Bear 3X ETF
Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.
Featured Articles
- Five stocks we like better than Direxion Daily Semiconductors Bear 3X ETF
- Wall Street Is Betting These 3 Beaten-Down Stocks Have More Room to Run
- Marvell Technology’s $90 Billion Revenue Goal Puts AI Execution Under a Microscope
- Meta Enterprise Platform: The “Next Major Pillar” of Zuckerberg’s AI Vision
- Why Sticky Services Inflation Could Lift These 3 Stocks
Receive News & Ratings for Direxion Daily Semiconductors Bear 3X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bear 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
