198,348 Shares in Direxion Daily Semiconductors Bull 3X ETF $SOXL Purchased by Simplex Trading LLC

Simplex Trading LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 198,348 shares of the company’s stock, valued at approximately $29,328,000. Simplex Trading LLC owned approximately 0.08% of Direxion Daily Semiconductors Bull 3X ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SOXL. Anchor Investment Management LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF in the 2nd quarter valued at about $107,000. Western Wealth Management LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3X ETF during the 1st quarter worth approximately $33,000. PayPay Securities Corp raised its stake in shares of Direxion Daily Semiconductors Bull 3X ETF by 105.8% during the 3rd quarter. PayPay Securities Corp now owns 856 shares of the company’s stock worth $127,000 after acquiring an additional 440 shares in the last quarter. Bouchey Financial Group Ltd. purchased a new stake in Direxion Daily Semiconductors Bull 3X ETF during the second quarter valued at approximately $360,000. Finally, Optivise Advisory Services LLC purchased a new stake in Direxion Daily Semiconductors Bull 3X ETF during the third quarter valued at approximately $203,000.

Direxion Daily Semiconductors Bull 3X ETF Stock Up 22.3%

Shares of SOXL opened at $56.20 on Tuesday. The company has a 50 day moving average of $114.12 and a two-hundred day moving average of $123.51. Direxion Daily Semiconductors Bull 3X ETF has a twelve month low of $28.12 and a twelve month high of $302.00. The company has a market cap of $15.59 billion, a price-to-earnings ratio of 35.63 and a beta of 5.93.

Direxion Daily Semiconductors Bull 3X ETF 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.