St. Johns Investment Management Company LLC Raises Stake in Direxion Daily Semiconductors Bull 3x Shares $SOXL

St. Johns Investment Management Company LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 55.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,468 shares of the company’s stock after buying an additional 1,588 shares during the period. St. Johns Investment Management Company LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $112,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bogart Wealth LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter worth about $72,000. Signaturefd LLC raised its stake in shares of 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 during the period. Capital Investment Counsel Inc acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter valued at $100,000. Abound Wealth Management acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter worth $136,000. Finally, Legacy Capital Wealth Partners LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter worth $160,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $41.51 on Wednesday. The business has a 50-day moving average of $32.35 and a 200 day moving average of $23.89. Direxion Daily Semiconductors Bull 3x Shares has a 12 month low of $7.22 and a 12 month high of $43.37. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 35.63 and a beta of 4.08.

Direxion Daily Semiconductors Bull 3x Shares 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.