Virtu Financial LLC Purchases New Holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Virtu Financial LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 16,273 shares of the company’s stock, valued at approximately $444,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOXL. TAP Consulting LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 22.9% during the 4th quarter. TAP Consulting LLC now owns 7,882 shares of the company’s stock valued at $215,000 after acquiring an additional 1,469 shares in the last quarter. Signaturefd LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 50.0% in the fourth quarter. Signaturefd LLC now owns 3,000 shares of the company’s stock worth $82,000 after purchasing an additional 1,000 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 15.5% during the fourth quarter. Corient Private Wealth LLC now owns 30,374 shares of the company’s stock worth $830,000 after purchasing an additional 4,074 shares during the period. Farther Finance Advisors LLC purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter valued at approximately $29,000. Finally, HighTower Advisors LLC increased its stake in Direxion Daily Semiconductors Bull 3x Shares by 49.1% in the 4th quarter. HighTower Advisors LLC now owns 13,598 shares of the company’s stock valued at $371,000 after buying an additional 4,480 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 8.6 %

SOXL stock opened at $18.79 on Thursday. The company has a 50 day moving average of $25.26 and a two-hundred day moving average of $29.48. The company has a market cap of $7.61 billion, a price-to-earnings ratio of 29.25 and a beta of 4.09. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $16.51 and a 12-month high of $70.08.

Direxion Daily Semiconductors Bull 3x Shares Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be issued a dividend of $0.0648 per share. This is a positive change from Direxion Daily Semiconductors Bull 3x Shares’s previous dividend of $0.06. The ex-dividend date is Tuesday, March 25th.

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.