Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 30.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 106,628 shares of the company’s stock after buying an additional 25,079 shares during the period. Flow Traders U.S. LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $3,911,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Signaturefd LLC grew its holdings in Direxion Daily Semiconductors Bull 3x Shares by 17.6% during the 3rd quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock valued at $73,000 after buying an additional 300 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 101.4% during the third quarter. Covestor Ltd now owns 1,766 shares of the company’s stock worth $65,000 after purchasing an additional 889 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 14.1% during the third quarter. Prime Capital Investment Advisors LLC now owns 8,244 shares of the company’s stock worth $302,000 after purchasing an additional 1,018 shares during the last quarter. Strategic Blueprint LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 16.7% during the third quarter. Strategic Blueprint LLC now owns 7,329 shares of the company’s stock worth $269,000 after purchasing an additional 1,050 shares during the last quarter. Finally, Verus Capital Partners LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 35.9% during the third quarter. Verus Capital Partners LLC now owns 9,633 shares of the company’s stock worth $353,000 after purchasing an additional 2,545 shares during the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Stock Up 4.0 %

SOXL stock opened at $28.06 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $21.29 and a 52-week high of $70.08. The stock’s fifty day simple moving average is $33.33 and its 200-day simple moving average is $41.50. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 37.08 and a beta of 5.47.

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.