Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $50.75, but opened at $47.82. Direxion Daily Semiconductors Bear 3x Shares shares last traded at $47.33, with a volume of 12,133,914 shares traded.
Direxion Daily Semiconductors Bear 3x Shares Stock Performance
The firm has a fifty day moving average price of $45.39 and a two-hundred day moving average price of $168.47.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in SOXS. Toronto Dominion Bank increased its stake in Direxion Daily Semiconductors Bear 3x Shares by 114.0% in the 4th quarter. Toronto Dominion Bank now owns 11,743 shares of the company’s stock worth $36,000 after buying an additional 95,743 shares in the last quarter. OceanIQ Capital LLC purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter valued at about $44,000. IFP Advisors Inc purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the fourth quarter valued at about $43,000. Tidal Investments LLC bought a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth about $109,000. Finally, PCG Wealth Advisors LLC bought a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth about $55,000.
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.
Featured Stories
- Five stocks we like better than Direxion Daily Semiconductors Bear 3x Shares
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for Direxion Daily Semiconductors Bear 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
