Bogart Wealth LLC Sells 8,005 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

Bogart Wealth LLC lowered its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 88.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,000 shares of the company’s stock after selling 8,005 shares during the quarter. Bogart Wealth LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $48,000 at the end of the most recent quarter.

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

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of NYSEARCA SOXL opened at $165.28 on Wednesday. Direxion Daily Semiconductors Bull 3x Shares has a 52 week low of $22.57 and a 52 week high of $302.00. The stock has a market capitalization of $19.52 billion, a P/E ratio of 35.63 and a beta of 5.66. The stock’s fifty day moving average is $203.60 and its 200 day moving average is $111.10.

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.