Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Sold by Activest Wealth Management

Activest Wealth Management lowered its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 78.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,709 shares of the company’s stock after selling 6,105 shares during the period. Activest Wealth Management’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $47,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SOXL. TB Alternative Assets Ltd. lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 29.5% in the 4th quarter. TB Alternative Assets Ltd. now owns 622,886 shares of the company’s stock valued at $17,011,000 after buying an additional 141,941 shares during the period. CloudAlpha Capital Management Limited Hong Kong raised its position in Direxion Daily Semiconductors Bull 3x Shares by 116.3% in the third quarter. CloudAlpha Capital Management Limited Hong Kong now owns 383,010 shares of the company’s stock worth $14,049,000 after acquiring an additional 205,910 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 30.8% in 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. International Assets Investment Management LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter worth $3,781,000. Finally, Taika Capital LP purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter worth $3,765,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 4.9 %

Shares of SOXL opened at $26.33 on Monday. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $23.50 and a 52-week high of $70.08. The company has a 50-day simple moving average of $29.27 and a 200-day simple moving average of $32.38. The company has a market capitalization of $7.13 billion, a PE 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.