Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) Shares Gap Down – What’s Next?

Posted by Doug Wharley on Oct 7th, 2026

Shares of Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $164.26, but opened at $153.70. Direxion Daily Semiconductors Bull 3X ETF shares last traded at $154.0360, with a volume of 15,278,406 shares.

Direxion Daily Semiconductors Bull 3X ETF Trading Down 5.1%

The firm’s fifty day moving average price is $128.40 and its 200-day moving average price is $146.83. The firm has a market cap of $25.30 billion, a price-to-earnings ratio of 35.63 and a beta of 5.75.

Hedge Funds Weigh In On Direxion Daily Semiconductors Bull 3X ETF

A number of institutional investors have recently modified their holdings of the business. Simplex Trading LLC raised its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 40.2% during the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock worth $51,971,000 after purchasing an additional 354,575 shares during the last quarter. IMC Chicago LLC grew its holdings in Direxion Daily Semiconductors Bull 3X ETF by 550.1% during the 1st quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock valued at $18,389,000 after buying an additional 324,775 shares during the last quarter. Optiver Holding B.V. increased its position in Direxion Daily Semiconductors Bull 3X ETF by 831.0% during the first quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock worth $13,525,000 after buying an additional 251,587 shares in the last quarter. M Holdings Securities Inc. purchased a new position in Direxion Daily Semiconductors Bull 3X ETF during the fourth quarter worth $2,212,000. Finally, Alchemi Wealth LLC purchased a new position in Direxion Daily Semiconductors Bull 3X ETF during the fourth quarter worth $796,000.

Direxion Daily Semiconductors Bull 3X ETF Company Profile

(Get Free Report)

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.