Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 8.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,910 shares of the company’s stock after acquiring an additional 3,233 shares during the period. HighTower Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $1,761,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SOXL. Tucker Asset Management LLC purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth approximately $37,000. May Hill Capital LLC purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth approximately $279,000. Northwestern Mutual Wealth Management Co. boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after purchasing an additional 516,575 shares in the last quarter. Allworth Financial LP boosted its position in Direxion Daily Semiconductors Bull 3x Shares by 827.8% during the fourth quarter. Allworth Financial LP now owns 2,802 shares of the company’s stock worth $118,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Ground Swell Capital LLC purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth approximately $472,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 17.3%

Shares of SOXL stock opened at $266.32 on Wednesday. The company has a market capitalization of $36.09 billion, a P/E ratio of 35.63 and a beta of 5.55. The business’s 50 day moving average is $120.63 and its two-hundred day moving average is $76.25. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $16.58 and a 12-month high of $267.08.

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.