Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Purchased by Simplex Trading LLC

Simplex Trading LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 40.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,236,517 shares of the company’s stock after purchasing an additional 354,575 shares during the period. Simplex Trading LLC owned 0.64% of Direxion Daily Semiconductors Bull 3x Shares worth $51,971,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SOXL. Verus Capital Partners LLC grew its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 1.7% during the fourth quarter. Verus Capital Partners LLC now owns 11,774 shares of the company’s stock worth $495,000 after buying an additional 200 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 1.4% in the second quarter. EP Wealth Advisors LLC now owns 29,789 shares of the company’s stock worth $748,000 after buying an additional 413 shares in the last quarter. Corient Private Wealth LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 1.5% during the second quarter. Corient Private Wealth LLC now owns 31,601 shares of the company’s stock worth $794,000 after acquiring an additional 457 shares during the last quarter. PayPay Securities Corp boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 28.3% during the fourth quarter. PayPay Securities Corp now owns 3,806 shares of the company’s stock worth $160,000 after acquiring an additional 839 shares during the last quarter. Finally, ORG Wealth Partners LLC purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at about $36,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 4.6%

SOXL stock opened at $201.68 on Wednesday. The firm has a 50-day moving average of $142.50 and a two-hundred day moving average of $84.53. Direxion Daily Semiconductors Bull 3x Shares has a 12 month low of $19.84 and a 12 month high of $284.58. The company has a market cap of $27.33 billion, a price-to-earnings ratio of 35.63 and a beta of 5.70.

Direxion Daily Semiconductors Bull 3x Shares Company 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.