Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its stake in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 27.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,425 shares of the company’s stock after buying an additional 6,095 shares during the quarter. Vontobel Holding Ltd. owned about 0.16% of Direxion Daily Semiconductors Bear 3x Shares worth $639,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares during the 3rd quarter valued at approximately $498,000. BNP Paribas Financial Markets increased its position in Direxion Daily Semiconductors Bear 3x Shares by 200.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 752,200 shares of the company’s stock valued at $15,232,000 after acquiring an additional 502,200 shares during the period. Edgestream Partners L.P. acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the third quarter worth about $397,000. HighTower Advisors LLC increased its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 82.9% during the third quarter. HighTower Advisors LLC now owns 57,151 shares of the company’s stock valued at $1,157,000 after acquiring an additional 25,901 shares during the period. Finally, IHT Wealth Management LLC lifted its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 696.1% in the third quarter. IHT Wealth Management LLC now owns 93,300 shares of the company’s stock valued at $1,965,000 after buying an additional 81,580 shares during the period.

Direxion Daily Semiconductors Bear 3x Shares Price Performance

Shares of SOXS opened at $17.44 on Thursday. Direxion Daily Semiconductors Bear 3x Shares has a 1-year low of $16.35 and a 1-year high of $48.50. The business’s 50-day moving average price is $20.37 and its 200 day moving average price is $22.10.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market.