Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Bought by Lindbrook Capital LLC

Lindbrook Capital LLC increased its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 362.5% in the fourth quarter, Holdings Channel reports. The firm owned 1,850 shares of the company’s stock after purchasing an additional 1,450 shares during the period. Lindbrook Capital LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $58,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter worth approximately $53,000. Ritholtz Wealth Management acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter worth approximately $282,000. Prime Capital Investment Advisors LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter worth approximately $328,000. Quantbot Technologies LP boosted its stake in Direxion Daily Semiconductors Bull 3x Shares by 45.9% in the 3rd quarter. Quantbot Technologies LP now owns 26,172 shares of the company’s stock worth $494,000 after purchasing an additional 8,232 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter worth approximately $283,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 5.4 %

Shares of NYSEARCA SOXL opened at $37.41 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 12 month low of $12.52 and a 12 month high of $56.99. The company has a 50 day simple moving average of $42.84 and a two-hundred day simple moving average of $31.96. The stock has a market cap of $8.99 billion, a price-to-earnings ratio of 42.92 and a beta of 5.29.

Direxion Daily Semiconductors Bull 3x Shares 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.