59,044 Shares in Direxion Daily Semiconductors Bull 3x Shares $SOXL Bought by IMC Chicago LLC

IMC Chicago LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 59,044 shares of the company’s stock, valued at approximately $2,482,000.

Several other institutional investors and hedge funds have also bought and sold shares of SOXL. Retirement Planning Co of New England Inc. increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 24.5% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 10,150 shares of the company’s stock valued at $427,000 after purchasing an additional 2,000 shares during the last quarter. Dakota Community Bank & Trust NA bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter valued at approximately $113,000. PayPay Securities Corp increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 28.3% during the fourth quarter. PayPay Securities Corp now owns 3,806 shares of the company’s stock valued at $160,000 after buying an additional 839 shares during the last quarter. Burney Co. raised its position in Direxion Daily Semiconductors Bull 3x Shares by 9.6% in the fourth quarter. Burney Co. now owns 11,120 shares of the company’s stock worth $467,000 after acquiring an additional 977 shares during the period. Finally, Kaizen Financial Strategies purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth $320,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of SOXL stock opened at $130.40 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $12.12 and a 1 year high of $131.38. The firm has a fifty day moving average price of $69.97 and a 200-day moving average price of $56.27. The company has a market cap of $17.67 billion, a price-to-earnings ratio of 35.63 and a beta of 5.54.

About Direxion Daily Semiconductors Bull 3x Shares

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.