Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 14.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,244 shares of the company’s stock after acquiring an additional 1,018 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $302,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SOXL. Covestor Ltd raised its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 101.4% in the third quarter. Covestor Ltd now owns 1,766 shares of the company’s stock valued at $65,000 after buying an additional 889 shares during the last quarter. Signaturefd LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 17.6% in the 3rd quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock worth $73,000 after acquiring an additional 300 shares during the period. Bogart Wealth LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $106,000. Hollencrest Capital Management lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 2,726.7% during the 3rd quarter. Hollencrest Capital Management now owns 2,968 shares of the company’s stock worth $109,000 after purchasing an additional 2,863 shares during the period. Finally, Global Assets Advisory LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter worth $208,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 9.9 %

Shares of NYSEARCA:SOXL opened at $26.66 on Friday. The business has a fifty day simple moving average of $34.10 and a 200-day simple moving average of $42.29. Direxion Daily Semiconductors Bull 3x Shares has a 52 week low of $21.29 and a 52 week high of $70.08. The company has a market cap of $7.22 billion, a P/E ratio of 37.08 and a beta of 5.47.

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.