Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Get Free Report)’s share price gapped down before the market opened on Thursday. The stock had previously closed at $66.03, but opened at $59.79. Direxion Daily Semiconductors Bull 3X ETF shares last traded at $61.4590, with a volume of 64,769,079 shares traded.
Direxion Daily Semiconductors Bull 3X ETF Stock Performance
The stock has a 50-day moving average of $112.19 and a 200 day moving average of $123.50. The firm has a market capitalization of $20.16 billion, a P/E ratio of 35.63 and a beta of 6.00.
Hedge Funds Weigh In On Direxion Daily Semiconductors Bull 3X ETF
Several large investors have recently bought and sold shares of the business. IMC Chicago LLC lifted its stake in shares of Direxion Daily Semiconductors Bull 3X ETF by 550.1% in the 1st quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock valued at $18,389,000 after purchasing an additional 324,775 shares during the period. Optiver Holding B.V. boosted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 831.0% during the first quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock worth $13,525,000 after buying an additional 251,587 shares during the period. Simplex Trading LLC acquired a new position in Direxion Daily Semiconductors Bull 3X ETF during the 3rd quarter worth approximately $29,328,000. M Holdings Securities Inc. lifted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 4.5% in the third quarter. M Holdings Securities Inc. now owns 47,601 shares of the company’s stock worth $7,038,000 after purchasing an additional 2,048 shares in the last quarter. Finally, Client First Investment Management LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 117.3% in the third quarter. Client First Investment Management LLC now owns 32,643 shares of the company’s stock worth $4,827,000 after purchasing an additional 17,621 shares in the last quarter.
About Direxion Daily Semiconductors Bull 3X ETF
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 ETF
- If Japan’s Stock Market Rally Returns, These 3 ETFs Could Benefit
- CoreWeave’s Backlog Is Surging—Can the Stock Follow?
- Tesla’s Plan to End Cybertruck Reveals Its Real Priorities
- The Post-Midterm Rally Clock Is Ticking—and These 3 AI Stocks Stand Out
Receive News & Ratings for Direxion Daily Semiconductors Bull 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 Bull 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
