Larson Financial Group LLC Increases Position in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Larson Financial Group LLC increased its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 91.1% in the 4th quarter, Holdings Channel reports. The fund owned 7,061 shares of the company’s stock after buying an additional 3,366 shares during the quarter. Larson Financial Group LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $297,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXL. Jump Financial LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 185.6% in the third quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock worth $41,562,000 after acquiring an additional 775,222 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 105.7% in the third quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock worth $40,912,000 after acquiring an additional 603,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after acquiring an additional 516,575 shares in the last quarter. Group One Trading LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 65.9% in the second quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock worth $20,182,000 after acquiring an additional 319,393 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in Direxion Daily Semiconductors Bull 3x Shares in the third quarter worth $10,829,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of NYSEARCA:SOXL opened at $190.56 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $15.10 and a 52-week high of $195.27. The firm has a fifty day moving average of $100.79 and a 200 day moving average of $68.72. The firm has a market capitalization of $25.82 billion, a PE ratio of 35.63 and a beta of 5.55.

Direxion Daily Semiconductors Bull 3x Shares 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.