Larson Financial Group LLC Grows Stake in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Larson Financial Group LLC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 91.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,061 shares of the company’s stock after purchasing an additional 3,366 shares during the period. Larson Financial Group LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $297,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SOXL. Jump Financial LLC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 185.6% during the 3rd quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock valued at $41,562,000 after purchasing an additional 775,222 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 105.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after purchasing an additional 603,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after purchasing an additional 516,575 shares in the last quarter. Group One Trading LLC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 65.9% during the 2nd quarter. Group One Trading LLC now owns 803,753 shares of the company’s stock valued at $20,182,000 after purchasing an additional 319,393 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter valued at $10,829,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

SOXL opened at $190.56 on Friday. The company has a fifty day moving average price of $100.79 and a 200-day moving average price of $68.72. The firm has a market capitalization of $25.82 billion, a P/E ratio of 35.63 and a beta of 5.55. Direxion Daily Semiconductors Bull 3x Shares has a one year low of $15.10 and a one year high of $195.27.

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.