Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $211.44, but opened at $227.06. Direxion Daily Semiconductors Bull 3x Shares shares last traded at $227.98, with a volume of 13,980,666 shares changing hands.
Direxion Daily Semiconductors Bull 3x Shares Price Performance
The firm has a market cap of $22.59 billion, a price-to-earnings ratio of 35.63 and a beta of 5.70. The firm’s fifty day moving average is $139.40 and its 200-day moving average is $83.37.
Hedge Funds Weigh In On Direxion Daily Semiconductors Bull 3x Shares
Hedge funds and other institutional investors have recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the fourth quarter valued at $25,000. Raymond James Financial Inc. acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at $25,000. Halbert Hargrove Global Advisors LLC lifted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 32.5% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 563 shares of the company’s stock valued at $27,000 after buying an additional 138 shares during the period. Addison Advisors LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the third quarter valued at $33,000. Finally, Western Wealth Management LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter valued at about $33,000.
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.
See Also
- Five stocks we like better than Direxion Daily Semiconductors Bull 3x Shares
- The J.M. Smucker Company’s Dividend: Too Sweet to Ignore?
- From Crypto to AI: Insiders Are Trading These 3 Stocks
- The Case for Intel Over Pure-Play Quantum Firms
- Apple’s Siri AI Was Finally Announced, So Why Is the Stock Tanking?
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.
