WJ Financial Advisors LLC Invests $398,000 in Direxion Daily Semiconductors Bull 3x Shares $SOXL

WJ Financial Advisors LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,300 shares of the company’s stock, valued at approximately $398,000.

Other hedge funds have also added to or reduced their stakes in the company. Simplex Trading LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 40.2% during the fourth quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock valued at $51,971,000 after purchasing an additional 354,575 shares in the last quarter. Jump Financial LLC increased its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 185.6% in the 3rd 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 last quarter. Tower Research Capital LLC TRC increased its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 105.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after purchasing an additional 603,324 shares during the last quarter. Group One Trading LLC raised its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 65.9% during the 2nd quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock worth $20,182,000 after buying an additional 319,393 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after buying an additional 516,575 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Stock Down 14.0%

Shares of SOXL stock opened at $165.37 on Tuesday. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $22.57 and a twelve month high of $302.00. The company has a market cap of $21.93 billion, a P/E ratio of 35.63 and a beta of 5.66. The business has a fifty day simple moving average of $208.54 and a 200 day simple moving average of $115.03.

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.