SBI Securities Co. Ltd. Decreases Stake in Direxion Daily Semiconductors Bull 3x Shares $SOXL

SBI Securities Co. Ltd. lowered its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 30.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 840,129 shares of the company’s stock after selling 374,516 shares during the period. Direxion Daily Semiconductors Bull 3x Shares accounts for approximately 0.9% of SBI Securities Co. Ltd.’s portfolio, making the stock its 21st biggest holding. SBI Securities Co. Ltd.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $35,311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXL. Jump Financial LLC lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 185.6% in 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 lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 105.7% in the 3rd 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 lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 65.9% in the 2nd 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. BNP Paribas Financial Markets purchased a new position in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $10,829,000. Finally, APEIRON CAPITAL Ltd purchased a new position in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $4,181,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL stock opened at $144.16 on Wednesday. The stock’s fifty day moving average is $71.51 and its two-hundred day moving average is $57.14. The firm has a market capitalization of $19.53 billion, a P/E ratio of 35.63 and a beta of 5.55. Direxion Daily Semiconductors Bull 3x Shares has a fifty-two week low of $12.12 and a fifty-two week high of $147.26.

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.