Corient Private Wealth LLC Reduces Position in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Corient Private Wealth LLC decreased its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 22.2% in the fourth quarter, HoldingsChannel reports. The fund owned 24,625 shares of the company’s stock after selling 7,040 shares during the quarter. Corient Private Wealth LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jump Financial LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares by 185.6% during the third quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after purchasing an additional 775,222 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 105.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after buying an additional 603,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after buying an additional 516,575 shares in the last quarter. Simplex Trading LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 40.2% during the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock valued at $51,971,000 after acquiring an additional 354,575 shares during the period. Finally, Group One Trading LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 65.9% during the 2nd quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock valued at $20,182,000 after acquiring an additional 319,393 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 16.6%

Direxion Daily Semiconductors Bull 3x Shares stock opened at $181.47 on Friday. The firm has a 50 day moving average of $199.70 and a 200 day moving average of $108.12. The firm has a market capitalization of $21.47 billion, a price-to-earnings ratio of 35.63 and a beta of 5.66. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $22.57 and a 12-month high of $302.00.

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.