Integrated Wealth Concepts LLC Reduces Stock Position in Direxion Daily Semiconductors Bull 3X ETF $SOXL

Integrated Wealth Concepts LLC cut its holdings in Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) by 35.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,021 shares of the company’s stock after selling 21,892 shares during the period. Integrated Wealth Concepts LLC’s holdings in Direxion Daily Semiconductors Bull 3X ETF were worth $10,674,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SOXL. Simplex Trading LLC raised its holdings in Direxion Daily Semiconductors Bull 3X ETF by 40.2% during the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock valued at $51,971,000 after acquiring an additional 354,575 shares during the period. Jump Financial LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3X ETF by 185.6% in the third quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock worth $41,562,000 after acquiring an additional 775,222 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 105.7% in the third quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after purchasing an additional 603,324 shares in the last quarter. Group One Trading LLC grew its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 65.9% in the second quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock valued at $20,182,000 after purchasing an additional 319,393 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 95,133.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after purchasing an additional 516,575 shares in the last quarter.

Direxion Daily Semiconductors Bull 3X ETF Stock Performance

NYSEARCA:SOXL opened at $115.76 on Friday. The business’s fifty day moving average is $136.12 and its 200 day moving average is $136.61. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 35.63 and a beta of 5.73. Direxion Daily Semiconductors Bull 3X ETF has a 52-week low of $28.12 and a 52-week high of $302.00.

Direxion Daily Semiconductors Bull 3X ETF Company 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.