Lindbrook Capital LLC Acquires 600 Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Lindbrook Capital LLC raised its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 70.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,450 shares of the company’s stock after acquiring an additional 600 shares during the period. Lindbrook Capital LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $40,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SOXL. Creative Planning bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the third quarter valued at approximately $216,000. Hollencrest Capital Management grew its position in Direxion Daily Semiconductors Bull 3x Shares by 2,726.7% during the third quarter. Hollencrest Capital Management now owns 2,968 shares of the company’s stock valued at $109,000 after acquiring an additional 2,863 shares during the last quarter. Covestor Ltd boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 101.4% during the third quarter. Covestor Ltd now owns 1,766 shares of the company’s stock valued at $65,000 after purchasing an additional 889 shares during the period. Verus Capital Partners LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 35.9% during the third quarter. Verus Capital Partners LLC now owns 9,633 shares of the company’s stock valued at $353,000 after purchasing an additional 2,545 shares during the period. Finally, Prime Capital Investment Advisors LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 14.1% during the third quarter. Prime Capital Investment Advisors LLC now owns 8,244 shares of the company’s stock valued at $302,000 after purchasing an additional 1,018 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

NYSEARCA:SOXL opened at $20.88 on Friday. The firm has a market cap of $6.44 billion, a PE ratio of 29.74 and a beta of 3.96. Direxion Daily Semiconductors Bull 3x Shares has a fifty-two week low of $18.75 and a fifty-two week high of $70.08. The business has a 50 day moving average price of $27.78 and a 200-day moving average price of $30.94.

Direxion Daily Semiconductors Bull 3x Shares 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.