IMC Chicago LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 83.3% during the first quarter, HoldingsChannel reports. The fund owned 146,526 shares of the company’s stock after acquiring an additional 66,606 shares during the quarter. IMC Chicago LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $2,337,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Morse Asset Management Inc raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 1.2% during the fourth quarter. Morse Asset Management Inc now owns 30,910 shares of the company’s stock worth $844,000 after purchasing an additional 368 shares in the last quarter. PayPay Securities Corp raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 21.6% during the fourth quarter. PayPay Securities Corp now owns 2,269 shares of the company’s stock worth $62,000 after purchasing an additional 403 shares in the last quarter. Lindbrook Capital LLC raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 70.6% during the fourth quarter. Lindbrook Capital LLC now owns 1,450 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares in the last quarter. Visionary Wealth Advisors raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 6.8% during the fourth quarter. Visionary Wealth Advisors now owns 9,633 shares of the company’s stock worth $263,000 after purchasing an additional 613 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 50.0% during 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.
Direxion Daily Semiconductors Bull 3x Shares Stock Up 6.4%
NYSEARCA SOXL opened at $21.89 on Wednesday. The stock has a market capitalization of $14.69 billion, a P/E ratio of 35.63 and a beta of 4.28. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $7.23 and a 52-week high of $70.08. The firm has a 50-day moving average price of $14.08 and a 200 day moving average price of $22.00.
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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