Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Acquired by Simplex Trading LLC

Simplex Trading LLC lifted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 40.2% during the 4th quarter, Holdings Channel reports. The fund owned 1,236,517 shares of the company’s stock after buying an additional 354,575 shares during the quarter. Simplex Trading LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $51,971,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SOXL. Jump Financial LLC grew its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 185.6% in the third quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after purchasing an additional 775,222 shares during the period. Tower Research Capital LLC TRC raised its stake in Direxion Daily Semiconductors Bull 3x Shares by 105.7% during the third quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock worth $40,912,000 after purchasing an additional 603,324 shares during the period. Group One Trading LLC raised its stake in Direxion Daily Semiconductors Bull 3x Shares by 65.9% during the second quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock worth $20,182,000 after purchasing an additional 319,393 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after purchasing an additional 516,575 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at approximately $10,829,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Direxion Daily Semiconductors Bull 3x Shares stock opened at $201.68 on Wednesday. The firm has a 50 day simple moving average of $142.50 and a 200-day simple moving average of $84.53. The stock has a market cap of $27.33 billion, a price-to-earnings ratio of 35.63 and a beta of 5.70. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $19.84 and a 1-year high of $284.58.

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.