Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Gap Down – Here’s What Happened

Posted by Donald Scott on Apr 30th, 2026

Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $123.39, but opened at $108.75. Direxion Daily Semiconductors Bull 3x Shares shares last traded at $110.60, with a volume of 34,556,213 shares traded.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

The company’s 50 day moving average is $68.73 and its two-hundred day moving average is $55.66. The firm has a market cap of $16.65 billion, a P/E ratio of 35.63 and a beta of 4.55.

Institutional Trading of Direxion Daily Semiconductors Bull 3x Shares

Several institutional investors have recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 32.5% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at $25,000. St. Johns Investment Management Company LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter valued at $38,000. 1248 Management LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 33.3% in the 4th quarter. 1248 Management LLC now owns 800 shares of the company’s stock valued at $34,000 after buying an additional 200 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth about $36,000.

Direxion Daily Semiconductors Bull 3x Shares Company Profile

(Get Free Report)

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.