PayPay Securities Corp Has $132,000 Position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

PayPay Securities Corp reduced its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 13.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,837 shares of the company’s stock after selling 446 shares during the quarter. Direxion Daily Semiconductors Bull 3x Shares makes up about 6.6% of PayPay Securities Corp’s portfolio, making the stock its 3rd biggest holding. PayPay Securities Corp’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $132,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Global Assets Advisory LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter worth approximately $13,683,000. Westend Capital Management LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter worth approximately $68,000. Virtu Financial LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth approximately $2,459,000. Meridian Wealth Management LLC boosted its stake 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 period. Finally, St. Johns Investment Management Company LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth approximately $94,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 2.9 %

NYSEARCA:SOXL opened at $55.36 on Monday. The stock has a market cap of $15.00 billion, a P/E ratio of 37.08 and a beta of 5.47. The stock has a 50 day simple moving average of $48.42 and a 200 day simple moving average of $41.59. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $14.01 and a 1-year high of $66.19.

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.