IMC Chicago LLC Reduces Position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

IMC Chicago LLC lessened its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 36.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 285,087 shares of the company’s stock after selling 161,063 shares during the period. IMC Chicago LLC owned approximately 0.11% of Direxion Daily Semiconductors Bull 3x Shares worth $10,457,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Signaturefd LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 17.6% during the 3rd quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock worth $73,000 after purchasing an additional 300 shares during the last quarter. Covestor Ltd lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 98.9% during the 1st quarter. Covestor Ltd now owns 1,760 shares of the company’s stock valued at $82,000 after acquiring an additional 875 shares during the period. Strategic Blueprint LLC lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 16.7% during the 3rd quarter. Strategic Blueprint LLC now owns 7,329 shares of the company’s stock valued at $269,000 after acquiring an additional 1,050 shares during the period. VitalStone Financial LLC lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 437.1% during the 1st quarter. VitalStone Financial LLC now owns 2,186 shares of the company’s stock valued at $102,000 after acquiring an additional 1,779 shares during the period. Finally, Bogart Wealth LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter valued at approximately $106,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 11.8 %

Shares of NYSEARCA SOXL opened at $29.99 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 12 month low of $14.01 and a 12 month high of $70.08. The company has a 50 day simple moving average of $34.78 and a two-hundred day simple moving average of $42.66. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 37.08 and a beta of 5.47.

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.