Direxion Daily Semiconductors Bear 3x Shares $SOXS Stock Position Raised by UBS Group AG

UBS Group AG lifted its position in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 217.8% in the 4th quarter, Holdings Channel reports. The fund owned 1,148,500 shares of the company’s stock after buying an additional 787,062 shares during the period. UBS Group AG’s holdings in Direxion Daily Semiconductors Bear 3x Shares were worth $3,595,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. PayPay Securities Corp lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 169.2% in the 4th quarter. PayPay Securities Corp now owns 54,598 shares of the company’s stock valued at $171,000 after acquiring an additional 34,320 shares in the last quarter. Clear Creek Financial Management LLC lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 113.3% in the 4th quarter. Clear Creek Financial Management LLC now owns 64,000 shares of the company’s stock valued at $200,000 after acquiring an additional 34,000 shares in the last quarter. J. Safra Sarasin Holding AG purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the 4th quarter valued at approximately $94,000. Ballew Advisors Inc lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 46.3% in the 4th quarter. Ballew Advisors Inc now owns 179,944 shares of the company’s stock valued at $563,000 after acquiring an additional 56,928 shares in the last quarter. Finally, Fragasso Financial Advisors Inc purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the 4th quarter valued at approximately $141,000.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

Shares of NYSEARCA:SOXS opened at $7.73 on Friday. Direxion Daily Semiconductors Bear 3x Shares has a 52 week low of $7.50 and a 52 week high of $280.20. The firm has a 50 day simple moving average of $23.74 and a 200 day simple moving average of $43.18.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.