Edgestream Partners L.P. Buys 12,133 Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Edgestream Partners L.P. increased its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 208.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 17,940 shares of the company’s stock after acquiring an additional 12,133 shares during the period. Edgestream Partners L.P.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $993,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Global Assets Advisory LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter worth $13,683,000. SG Americas Securities LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 56.4% during the 2nd quarter. SG Americas Securities LLC now owns 39,276 shares of the company’s stock worth $2,174,000 after purchasing an additional 14,170 shares during the last quarter. HB Wealth Management LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 2nd quarter valued at approximately $623,000. Onyx Bridge Wealth Group LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter valued at approximately $219,000. Finally, VitalStone Financial LLC increased its position in Direxion Daily Semiconductors Bull 3x Shares by 437.1% in the 1st quarter. VitalStone Financial LLC now owns 2,186 shares of the company’s stock worth $102,000 after buying an additional 1,779 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 4.5 %

Shares of SOXL stock opened at $33.55 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 12 month low of $14.01 and a 12 month high of $70.08. The firm has a market cap of $9.09 billion, a PE ratio of 37.08 and a beta of 5.47. The stock has a 50 day moving average of $37.65 and a 200-day moving average of $44.64.

About Direxion Daily Semiconductors Bull 3x Shares

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.