Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Bought by Bogart Wealth LLC

Bogart Wealth LLC boosted its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 88.9% during the second quarter, Holdings Channel.com reports. The fund owned 8,500 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Bogart Wealth LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $213,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. St. Johns Investment Management Company LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter worth about $46,000. Crewe Advisors LLC boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 52.6% in the 1st quarter. Crewe Advisors LLC now owns 3,830 shares of the company’s stock worth $61,000 after buying an additional 1,320 shares during the last quarter. Signaturefd LLC increased its stake in Direxion Daily Semiconductors Bull 3x Shares by 50.0% during the 1st quarter. Signaturefd LLC now owns 4,500 shares of the company’s stock worth $72,000 after buying an additional 1,500 shares in the last quarter. Capital Investment Counsel Inc acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter valued at approximately $100,000. Finally, Abound Wealth Management purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at approximately $136,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL opened at $42.24 on Tuesday. The stock has a 50 day moving average price of $32.08 and a 200 day moving average price of $23.77. Direxion Daily Semiconductors Bull 3x Shares has a one year low of $7.22 and a one year high of $43.37. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 35.63 and a beta of 4.08.

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.