Campbell Capital Management Inc. Takes $1.06 Million Position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Campbell Capital Management Inc. acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,000 shares of the company’s stock, valued at approximately $1,064,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SOXL. TB Alternative Assets Ltd. bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter valued at approximately $17,641,000. IMC Chicago LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the second quarter valued at approximately $24,699,000. Virtu Financial LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the second quarter valued at approximately $7,760,000. International Assets Investment Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter valued at approximately $3,781,000. Finally, X Square Capital LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter valued at approximately $694,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Up 2.5 %

Shares of NYSEARCA:SOXL opened at $30.83 on Friday. The stock has a market cap of $8.35 billion, a price-to-earnings ratio of 37.08 and a beta of 5.47. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $16.38 and a 12-month high of $70.08. The business’s 50 day moving average is $34.59 and its 200 day moving average is $42.62.

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.