Corient Private Wealth LLC reduced its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 22.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,625 shares of the company’s stock after selling 7,040 shares during the quarter. Corient Private Wealth LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the second quarter worth approximately $258,000. NewEdge Advisors LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter worth $270,000. HUB Investment Partners LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the second quarter worth $326,000. Raymond James Financial Inc. purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares during the second quarter valued at $25,000. Finally, Bank of America Corp DE increased its position in 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 valued at $4,375,000 after acquiring an additional 74,815 shares during the last quarter.
Direxion Daily Semiconductors Bull 3x Shares Stock Performance
SOXL stock opened at $181.47 on Friday. The company has a market cap of $21.47 billion, a price-to-earnings ratio of 35.63 and a beta of 5.66. The business’s 50-day moving average is $199.70 and its two-hundred day moving average is $108.12. Direxion Daily Semiconductors Bull 3x Shares has a fifty-two week low of $22.57 and a fifty-two week high of $302.00.
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.
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