Variant Private Wealth LLC bought a new stake in Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,297 shares of the company’s stock, valued at approximately $2,705,000. Direxion Daily Semiconductors Bull 3X ETF accounts for approximately 2.4% of Variant Private Wealth LLC’s investment portfolio, making the stock its 18th largest holding.
Several other large investors have also modified their holdings of SOXL. IMC Chicago LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3X ETF by 550.1% during the first quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock worth $18,389,000 after purchasing an additional 324,775 shares during the last quarter. Optiver Holding B.V. grew its position in Direxion Daily Semiconductors Bull 3X ETF by 831.0% in the 1st quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock valued at $13,525,000 after buying an additional 251,587 shares during the last quarter. Client First Investment Management LLC grew its position in Direxion Daily Semiconductors Bull 3X ETF by 117.3% in the 3rd quarter. Client First Investment Management LLC now owns 32,643 shares of the company’s stock valued at $4,827,000 after buying an additional 17,621 shares during the last quarter. SteelPeak Wealth LLC increased its stake in Direxion Daily Semiconductors Bull 3X ETF by 1.2% in the 1st quarter. SteelPeak Wealth LLC now owns 22,757 shares of the company’s stock valued at $1,090,000 after buying an additional 266 shares during the period. Finally, Clearwater Capital Advisors LLC acquired a new position in Direxion Daily Semiconductors Bull 3X ETF in the 1st quarter valued at $791,000.
Direxion Daily Semiconductors Bull 3X ETF Stock Performance
Direxion Daily Semiconductors Bull 3X ETF stock traded up $6.71 during trading hours on Wednesday, reaching $104.26. 50,615,162 shares of the stock were exchanged, compared to its average volume of 72,405,211. The stock has a market cap of $19.58 billion, a P/E ratio of 35.63 and a beta of 5.75. Direxion Daily Semiconductors Bull 3X ETF has a 52-week low of $28.12 and a 52-week high of $302.00. The firm’s 50 day moving average is $127.59 and its 200 day moving average is $151.74.
Direxion Daily Semiconductors Bull 3X ETF 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.
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