Direxion Daily Semiconductors Bear 3x Shares $SOXS Holdings Decreased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. decreased its stake in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 14.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 581,777 shares of the company’s stock after selling 94,522 shares during the period. SBI Securities Co. Ltd. owned approximately 0.11% of Direxion Daily Semiconductors Bear 3x Shares worth $1,821,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Group One Trading LLC grew its holdings in Direxion Daily Semiconductors Bear 3x Shares by 64.4% during the third quarter. Group One Trading LLC now owns 304,291 shares of the company’s stock worth $1,573,000 after acquiring an additional 119,167 shares during the period. IMC Chicago LLC raised its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 300.5% during the third quarter. IMC Chicago LLC now owns 513,684 shares of the company’s stock valued at $2,656,000 after acquiring an additional 385,412 shares during the period. Ballew Advisors Inc raised its stake in Direxion Daily Semiconductors Bear 3x Shares by 46.3% during the 4th quarter. Ballew Advisors Inc now owns 179,944 shares of the company’s stock valued at $563,000 after purchasing an additional 56,928 shares during the period. Fragasso Financial Advisors Inc purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares in the 4th quarter worth about $141,000. Finally, PayPay Securities Corp lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 169.2% in the fourth quarter. PayPay Securities Corp now owns 54,598 shares of the company’s stock worth $171,000 after purchasing an additional 34,320 shares in the last quarter.

Direxion Daily Semiconductors Bear 3x Shares Trading Down 14.8%

SOXS stock opened at $9.81 on Thursday. Direxion Daily Semiconductors Bear 3x Shares has a 12-month low of $9.80 and a 12-month high of $370.00. The company has a 50 day moving average of $30.65 and a two-hundred day moving average of $48.42.

Direxion Daily Semiconductors Bear 3x Shares Profile

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.