Barclays PLC Boosts Stock Holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Barclays PLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 57.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,421 shares of the company’s stock after purchasing an additional 8,890 shares during the period. Barclays PLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $896,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SOXL. Signaturefd LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 17.6% in the third quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock worth $73,000 after acquiring an additional 300 shares during the period. Covestor Ltd grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 101.4% in the 3rd quarter. Covestor Ltd now owns 1,766 shares of the company’s stock worth $65,000 after buying an additional 889 shares in the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 14.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 8,244 shares of the company’s stock worth $302,000 after buying an additional 1,018 shares in the last quarter. Strategic Blueprint LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 16.7% in the 3rd quarter. Strategic Blueprint LLC now owns 7,329 shares of the company’s stock worth $269,000 after buying an additional 1,050 shares in the last quarter. Finally, Verus Capital Partners LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 35.9% in the 3rd quarter. Verus Capital Partners LLC now owns 9,633 shares of the company’s stock worth $353,000 after buying an additional 2,545 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 5.9 %

Direxion Daily Semiconductors Bull 3x Shares stock opened at $27.94 on Tuesday. The firm has a 50-day moving average price of $30.43 and a 200-day moving average price of $38.23. The firm has a market capitalization of $7.57 billion, a PE ratio of 37.08 and a beta of 5.47. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $23.50 and a 12-month high of $70.08.

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.