Optiver Holding B.V. Buys 251,587 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

Optiver Holding B.V. lifted its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 831.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 281,863 shares of the company’s stock after buying an additional 251,587 shares during the quarter. Optiver Holding B.V. owned approximately 0.21% of Direxion Daily Semiconductors Bull 3x Shares worth $13,525,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SOXL. Pin Oak Investment Advisors Inc. bought a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at $25,000. Raymond James Financial Inc. bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 2nd quarter valued at about $25,000. Halbert Hargrove Global Advisors LLC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 32.5% during 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. Western Wealth Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter valued at about $33,000. Finally, 1248 Management LLC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 33.3% during the fourth quarter. 1248 Management LLC now owns 800 shares of the company’s stock valued at $34,000 after purchasing an additional 200 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL stock opened at $114.72 on Friday. The stock has a market capitalization of $18.15 billion, a price-to-earnings ratio of 35.63 and a beta of 5.66. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $22.57 and a 12-month high of $302.00. The stock’s 50-day moving average price is $199.49 and its 200-day moving average price is $123.45.

Direxion Daily Semiconductors Bull 3x Shares Company Profile

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.