Direxion Daily Semiconductors Bear 3x Shares $SOXS Position Increased by UBS Group AG

UBS Group AG raised its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 217.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,148,500 shares of the company’s stock after buying an additional 787,062 shares during the period. UBS Group AG owned about 0.21% of Direxion Daily Semiconductors Bear 3x Shares worth $3,595,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. PayPay Securities Corp boosted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 169.2% during the fourth quarter. PayPay Securities Corp now owns 54,598 shares of the company’s stock worth $171,000 after buying an additional 34,320 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 113.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 64,000 shares of the company’s stock worth $200,000 after buying an additional 34,000 shares in the last quarter. J. Safra Sarasin Holding AG bought a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth approximately $94,000. Ballew Advisors Inc boosted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 46.3% during the fourth quarter. Ballew Advisors Inc now owns 179,944 shares of the company’s stock worth $563,000 after buying an additional 56,928 shares in the last quarter. Finally, Fragasso Financial Advisors Inc bought a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth approximately $141,000.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

Shares of NYSEARCA:SOXS opened at $7.73 on Friday. Direxion Daily Semiconductors Bear 3x Shares has a 1-year low of $7.50 and a 1-year high of $280.20. The company has a 50 day moving average price of $23.74 and a 200 day moving average price of $43.18.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

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.