Calamos Advisors LLC Makes New Investment in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Calamos Advisors LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 7,096 shares of the company’s stock, valued at approximately $340,000.

Several other hedge funds have also added to or reduced their stakes in SOXL. Pin Oak Investment Advisors Inc. bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter valued at $25,000. Raymond James Financial Inc. purchased a new position in Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter worth approximately $25,000. Halbert Hargrove Global Advisors LLC increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 32.5% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares during the last quarter. 1248 Management LLC grew its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 33.3% during the 4th quarter. 1248 Management LLC now owns 800 shares of the company’s stock valued at $34,000 after purchasing an additional 200 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at $36,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of NYSEARCA:SOXL opened at $135.47 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $22.57 and a 1 year high of $302.00. The company has a market cap of $18.35 billion, a PE ratio of 35.63 and a beta of 5.66. The stock’s 50-day moving average is $208.16 and its 200 day moving average is $117.64.

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.