Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Sold by IMC Chicago LLC

IMC Chicago LLC reduced its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 98.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,694 shares of the company’s stock after selling 4,467,527 shares during the period. IMC Chicago LLC owned approximately 0.43% of Direxion Daily Semiconductors Bear 3x Shares worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXS. BNP Paribas Financial Markets grew its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 200.9% during the third quarter. BNP Paribas Financial Markets now owns 752,200 shares of the company’s stock valued at $15,232,000 after buying an additional 502,200 shares during the last quarter. Virtu Financial LLC grew its stake in Direxion Daily Semiconductors Bear 3x Shares by 66.0% during the 3rd quarter. Virtu Financial LLC now owns 263,906 shares of the company’s stock valued at $5,344,000 after purchasing an additional 104,943 shares during the last quarter. IHT Wealth Management LLC increased its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 696.1% in the third quarter. IHT Wealth Management LLC now owns 93,300 shares of the company’s stock valued at $1,965,000 after purchasing an additional 81,580 shares during the period. HighTower Advisors LLC raised its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 82.9% in the third quarter. HighTower Advisors LLC now owns 57,151 shares of the company’s stock worth $1,157,000 after purchasing an additional 25,901 shares during the last quarter. Finally, Merit Financial Group LLC lifted its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 271.2% during the fourth quarter. Merit Financial Group LLC now owns 46,400 shares of the company’s stock worth $1,043,000 after purchasing an additional 33,900 shares during the period.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 4.6 %

Shares of NYSEARCA:SOXS opened at $20.91 on Monday. Direxion Daily Semiconductors Bear 3x Shares has a twelve month low of $16.35 and a twelve month high of $48.50. The company’s 50 day moving average is $20.87 and its 200 day moving average is $22.57.

About Direxion Daily Semiconductors Bear 3x Shares

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market.