Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Sold by Intrepid Financial Planning Group LLC

Intrepid Financial Planning Group LLC cut its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 23.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,798 shares of the company’s stock after selling 2,705 shares during the period. Intrepid Financial Planning Group LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $240,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of SOXL. Farther Finance Advisors LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at about $29,000. Lindbrook Capital LLC boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 70.6% in the 4th quarter. Lindbrook Capital LLC now owns 1,450 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 83.6% in the 3rd quarter. Anchor Investment Management LLC now owns 1,285 shares of the company’s stock worth $47,000 after buying an additional 585 shares during the last quarter. PayPay Securities Corp boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 21.6% in the 4th quarter. PayPay Securities Corp now owns 2,269 shares of the company’s stock worth $62,000 after buying an additional 403 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 40.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,025 shares of the company’s stock worth $219,000 after buying an additional 2,313 shares during the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 9.5 %

SOXL stock opened at $19.80 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $16.51 and a 12-month high of $70.08. The stock has a market cap of $8.02 billion, a price-to-earnings ratio of 29.25 and a beta of 4.09. The business’s 50-day moving average is $26.81 and its 200 day moving average is $30.22.

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.