Direxion Daily Semiconductors Bull 3x Shares $SOXL Stake Trimmed by XTX Topco Ltd

XTX Topco Ltd lessened its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 82.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,256 shares of the company’s stock after selling 85,592 shares during the period. XTX Topco Ltd’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $458,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Meridian Wealth Management LLC boosted its stake in Direxion Daily Semiconductors Bull 3x Shares by 6.6% in the 1st quarter. Meridian Wealth Management LLC now owns 10,058 shares of the company’s stock worth $160,000 after purchasing an additional 624 shares during the period. Optimum Investment Advisors boosted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 550.0% in the second quarter. Optimum Investment Advisors now owns 1,300 shares of the company’s stock worth $33,000 after buying an additional 1,100 shares during the period. Bank of Montreal Can grew its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 26.7% during the second quarter. Bank of Montreal Can now owns 5,933 shares of the company’s stock valued at $149,000 after buying an additional 1,250 shares in the last quarter. St. Johns Investment Management Company LLC grew its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 55.1% during the second quarter. St. Johns Investment Management Company LLC now owns 4,468 shares of the company’s stock valued at $112,000 after buying an additional 1,588 shares in the last quarter. Finally, Westwood Wealth Management raised its position in Direxion Daily Semiconductors Bull 3x Shares by 1.2% during the first quarter. Westwood Wealth Management now owns 231,245 shares of the company’s stock valued at $3,688,000 after buying an additional 2,800 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 3.0%

Shares of NYSEARCA SOXL opened at $46.50 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a one year low of $7.22 and a one year high of $50.76. The business has a 50-day moving average price of $40.81 and a two-hundred day moving average price of $30.61. The firm has a market capitalization of $13.63 billion, a PE ratio of 35.63 and a beta of 4.52.

About Direxion Daily Semiconductors Bull 3x Shares

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.