Simplex Trading LLC Purchases 235,607 Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Simplex Trading LLC raised its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 30.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,000,338 shares of the company’s stock after acquiring an additional 235,607 shares during the quarter. Simplex Trading LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $27,319,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Virtu Financial LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth about $444,000. TAP Consulting LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 22.9% during the 4th quarter. TAP Consulting LLC now owns 7,882 shares of the company’s stock worth $215,000 after buying an additional 1,469 shares during the last quarter. Signaturefd LLC boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 50.0% during the fourth quarter. Signaturefd LLC now owns 3,000 shares of the company’s stock valued at $82,000 after purchasing an additional 1,000 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 15.5% in the fourth quarter. Corient Private Wealth LLC now owns 30,374 shares of the company’s stock valued at $830,000 after buying an additional 4,074 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at about $29,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 3.3 %

Shares of NYSEARCA SOXL opened at $19.28 on Friday. The company has a market cap of $7.81 billion, a PE ratio of 29.25 and a beta of 4.09. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $16.51 and a twelve month high of $70.08. The business’s 50 day moving average price is $25.77 and its two-hundred day moving average price is $29.66.

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.