SLT Holdings LLC Acquires Shares of 5,700 Direxion Daily Semiconductors Bull 3x Shares $SOXL

SLT Holdings LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 5,700 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds have also recently bought and sold shares of the company. Jump Financial LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 185.6% in the 3rd quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after buying an additional 775,222 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 105.7% in 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 during the last quarter. Group One Trading LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 65.9% in the 2nd quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock valued at $20,182,000 after buying an additional 319,393 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in 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 during the last quarter. Finally, BNP Paribas Financial Markets bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $10,829,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL opened at $190.56 on Monday. The business’s fifty day moving average price is $100.79 and its two-hundred day moving average price is $68.86. The firm has a market capitalization of $25.82 billion, a price-to-earnings ratio of 35.63 and a beta of 5.55. Direxion Daily Semiconductors Bull 3x Shares has a 52 week low of $15.10 and a 52 week high of $195.27.

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.