Barclays PLC raised its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 57.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,421 shares of the company’s stock after buying an additional 8,890 shares during the period. Barclays PLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $896,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Taika Capital LP acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter worth about $3,765,000. Morse Asset Management Inc increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 88.2% in the third quarter. Morse Asset Management Inc now owns 30,541 shares of the company’s stock worth $1,120,000 after acquiring an additional 14,316 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 55.7% during the third quarter. HighTower Advisors LLC now owns 9,118 shares of the company’s stock valued at $335,000 after acquiring an additional 3,263 shares during the period. Flow Traders U.S. LLC raised its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 30.8% during the third quarter. Flow Traders U.S. LLC now owns 106,628 shares of the company’s stock valued at $3,911,000 after acquiring an additional 25,079 shares during the period. Finally, Larson Financial Group LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 12,476.9% in the 3rd quarter. Larson Financial Group LLC now owns 8,175 shares of the company’s stock valued at $300,000 after acquiring an additional 8,110 shares in the last quarter.
Direxion Daily Semiconductors Bull 3x Shares Stock Performance
NYSEARCA SOXL opened at $28.12 on Wednesday. The firm’s 50 day moving average price is $29.47 and its two-hundred day moving average price is $35.95. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $23.50 and a twelve month high of $70.08. The stock has a market cap of $7.62 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.
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