St. Johns Investment Management Company LLC Sells 1,900 Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

St. Johns Investment Management Company LLC cut its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 63.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,100 shares of the company’s stock after selling 1,900 shares during the quarter. St. Johns Investment Management Company LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $51,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 6.0% during the 4th quarter. Meridian Wealth Management LLC now owns 11,398 shares of the company’s stock worth $358,000 after acquiring an additional 649 shares during the last quarter. AlphaMark Advisors LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 313.6% during the 4th quarter. AlphaMark Advisors LLC now owns 910 shares of the company’s stock valued at $29,000 after purchasing an additional 690 shares during the last quarter. Lindbrook Capital LLC lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 362.5% in the fourth quarter. Lindbrook Capital LLC now owns 1,850 shares of the company’s stock worth $58,000 after acquiring an additional 1,450 shares during the period. Westend Capital Management LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the first quarter worth about $68,000. Finally, Anchor Investment Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at approximately $53,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL opened at $53.85 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a fifty-two week low of $14.01 and a fifty-two week high of $66.19. The firm’s 50-day simple moving average is $47.93 and its two-hundred day simple moving average is $41.19. The stock has a market cap of $14.59 billion, a PE ratio of 37.08 and a beta of 5.47.

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.