Commonwealth Equity Services LLC Raises Stock Holdings in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Commonwealth Equity Services LLC boosted its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 53.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 99,847 shares of the company’s stock after buying an additional 34,932 shares during the period. Commonwealth Equity Services LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $4,197,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter valued at about $25,000. Addison Advisors LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at about $33,000. ORG Wealth Partners LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at about $36,000. Tucker Asset Management LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at about $37,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at about $85,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

NYSEARCA SOXL opened at $182.54 on Monday. The company has a market cap of $24.73 billion, a P/E ratio of 35.63 and a beta of 5.70. The stock has a 50-day moving average of $136.15 and a two-hundred day moving average of $82.12. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $19.15 and a 1-year high of $284.58.

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.