HighTower Advisors LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 49.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,598 shares of the company’s stock after buying an additional 4,480 shares during the quarter. HighTower Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $371,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth about $27,180,000. TB Alternative Assets Ltd. grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 29.5% during the 4th quarter. TB Alternative Assets Ltd. now owns 622,886 shares of the company’s stock valued at $17,011,000 after acquiring an additional 141,941 shares during the period. Taika Capital LP purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the third quarter valued at approximately $3,765,000. Variant Private Wealth LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the fourth quarter valued at about $2,030,000. Finally, Avestar Capital LLC purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth approximately $1,178,000.
Direxion Daily Semiconductors Bull 3x Shares Price Performance
SOXL opened at $15.95 on Tuesday. The company’s 50 day simple moving average is $24.36 and its two-hundred day simple moving average is $29.19. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 29.25 and a beta of 4.09. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $14.40 and a 1-year high of $70.08.
Direxion Daily Semiconductors Bull 3x Shares Increases Dividend
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.
Featured Articles
- Five stocks we like better than Direxion Daily Semiconductors Bull 3x Shares
- Insider Buying Explained: What Investors Need to Know
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- What is a Death Cross in Stocks?
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
Receive News & Ratings for Direxion Daily Semiconductors Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.