Private Client Services LLC trimmed its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 42.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,931 shares of the company’s stock after selling 5,944 shares during the quarter. Private Client Services LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $2,115,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Simplex Trading LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 40.2% in the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock valued at $51,971,000 after purchasing an additional 354,575 shares during the period. Jump Financial LLC increased its stake in Direxion Daily Semiconductors Bull 3x Shares by 185.6% during the 3rd quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after purchasing an additional 775,222 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 105.7% during the third quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock worth $40,912,000 after buying an additional 603,324 shares during the last quarter. Group One Trading LLC raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 65.9% during the second quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock worth $20,182,000 after buying an additional 319,393 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after buying an additional 516,575 shares during the last quarter.
Direxion Daily Semiconductors Bull 3x Shares Trading Up 1.7%
Direxion Daily Semiconductors Bull 3x Shares stock opened at $116.71 on Tuesday. The firm has a market capitalization of $18.46 billion, a price-to-earnings ratio of 35.63 and a beta of 5.66. The firm’s fifty day moving average price is $198.01 and its two-hundred day moving average price is $124.36. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $22.95 and a 1-year high of $302.00.
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.
Further Reading
- Five stocks we like better than Direxion Daily Semiconductors Bull 3x Shares
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Want to see what other hedge funds are holding SOXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report).
Receive News & Ratings for Direxion Daily Semiconductors Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
