Discipline Wealth Solutions LLC Acquires Shares of 10,627 Direxion Daily Semiconductors Bull 3x Shares $SOXL

Discipline Wealth Solutions LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,627 shares of the company’s stock, valued at approximately $509,000.

Other hedge funds have also modified their holdings of the company. Flow Traders U.S. LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter valued at $258,000. NewEdge Advisors LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at $270,000. HUB Investment Partners LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at about $326,000. Raymond James Financial Inc. purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at about $25,000. Finally, Bank of America Corp DE boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 75.2% during the second quarter. Bank of America Corp DE now owns 174,241 shares of the company’s stock worth $4,375,000 after buying an additional 74,815 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Stock Up 7.7%

NYSEARCA SOXL opened at $300.77 on Tuesday. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $20.28 and a 52-week high of $302.00. The business’s 50-day moving average price is $177.18 and its 200 day moving average price is $97.86. The firm has a market cap of $40.75 billion, a P/E ratio of 35.63 and a beta of 5.70.

Direxion Daily Semiconductors Bull 3x Shares 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.