Flow Traders U.S. LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Get Rating) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,844 shares of the company’s stock, valued at approximately $96,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of SOXL. Cantor Fitzgerald L. P. acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $350,000. Commonwealth Equity Services LLC increased its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 19.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 20,699 shares of the company’s stock valued at $183,000 after buying an additional 3,377 shares during the period. Royal Bank of Canada acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $928,000. Soltis Investment Advisors LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $89,000. Finally, Quent Capital LLC increased its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 328.3% in the 3rd quarter. Quent Capital LLC now owns 4,180 shares of the company’s stock valued at $37,000 after buying an additional 3,204 shares during the period.
Direxion Daily Semiconductors Bull 3x Shares Stock Performance
NYSEARCA SOXL opened at $14.05 on Friday. The stock has a fifty day moving average of $14.32 and a 200-day moving average of $12.32. The stock has a market capitalization of $4.59 billion, a P/E ratio of 15.46 and a beta of 3.95. Direxion Daily Semiconductors Bull 3x Shares has a 52 week low of $6.21 and a 52 week high of $46.00.
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.
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