Capstone Capital Management Ltd Takes Position in Direxion Daily Semiconductors Bear 3x Shares $SOXS

Capstone Capital Management Ltd purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 80,420 shares of the company’s stock, valued at approximately $252,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Group One Trading LLC increased its holdings in Direxion Daily Semiconductors Bear 3x Shares by 64.4% during the 3rd quarter. Group One Trading LLC now owns 304,291 shares of the company’s stock valued at $1,573,000 after acquiring an additional 119,167 shares in the last quarter. IMC Chicago LLC raised its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 300.5% in the third quarter. IMC Chicago LLC now owns 513,684 shares of the company’s stock worth $2,656,000 after acquiring an additional 385,412 shares during the last quarter. Ballew Advisors Inc lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 46.3% in the fourth quarter. Ballew Advisors Inc now owns 179,944 shares of the company’s stock valued at $563,000 after acquiring an additional 56,928 shares in the last quarter. Hamilton Wealth LLC purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares in the third quarter valued at $536,000. Finally, Fragasso Financial Advisors Inc acquired a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at $141,000.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 7.8%

Direxion Daily Semiconductors Bear 3x Shares stock opened at $9.95 on Tuesday. The stock has a 50-day moving average price of $26.28 and a 200 day moving average price of $44.64. Direxion Daily Semiconductors Bear 3x Shares has a 52 week low of $8.12 and a 52 week high of $280.20.

About Direxion Daily Semiconductors Bear 3x Shares

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.