Direxion Daily Semiconductors Bear 3x Shares $SOXS Shares Bought by Ballew Advisors Inc

Ballew Advisors Inc raised its position in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 46.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 179,944 shares of the company’s stock after buying an additional 56,928 shares during the period. Ballew Advisors Inc’s holdings in Direxion Daily Semiconductors Bear 3x Shares were worth $563,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SOXS. Game Plan Financial Advisors LLC purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the 3rd quarter worth approximately $45,000. PFG Investments LLC purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter valued at $75,000. Modern Wealth Management LLC purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares in the third quarter valued at approximately $83,000. PayPay Securities Corp lifted its stake in Direxion Daily Semiconductors Bear 3x Shares by 53.9% in the third quarter. PayPay Securities Corp now owns 20,278 shares of the company’s stock valued at $105,000 after buying an additional 7,098 shares during the last quarter. Finally, Tidal Investments LLC acquired a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter valued at approximately $109,000.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

Shares of SOXS opened at $43.10 on Friday. The company’s 50 day simple moving average is $38.19 and its 200-day simple moving average is $63.18. Direxion Daily Semiconductors Bear 3x Shares has a 12-month low of $31.40 and a 12-month high of $1,068.60.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.