Direxion Daily Semiconductors Bull 3x Shares $SOXL Position Boosted by Optivise Advisory Services LLC

Optivise Advisory Services LLC lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 36.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,956 shares of the company’s stock after purchasing an additional 4,760 shares during the quarter. Optivise Advisory Services LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $451,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of SOXL. SBI Securities Co. Ltd. grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 14.8% in the first quarter. SBI Securities Co. Ltd. now owns 1,142,842 shares of the company’s stock worth $18,228,000 after purchasing an additional 147,588 shares in the last quarter. Belvedere Trading LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter valued at about $2,040,000. Howard Capital Management Inc. grew its position in Direxion Daily Semiconductors Bull 3x Shares by 98.8% in the 2nd quarter. Howard Capital Management Inc. now owns 197,439 shares of the company’s stock valued at $4,964,000 after buying an additional 98,139 shares in the last quarter. Smithfield Trust Co bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter valued at about $1,387,000. Finally, XTX Topco Ltd grew its position in Direxion Daily Semiconductors Bull 3x Shares by 370.4% in the 1st quarter. XTX Topco Ltd now owns 103,848 shares of the company’s stock valued at $1,656,000 after buying an additional 81,771 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Direxion Daily Semiconductors Bull 3x Shares stock opened at $48.58 on Tuesday. The firm has a 50 day simple moving average of $35.63 and a 200-day simple moving average of $26.33. The stock has a market capitalization of $14.34 billion, a PE ratio of 35.63 and a beta of 4.52. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $7.22 and a 12-month high of $50.76.

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.