Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 8.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,910 shares of the company’s stock after acquiring an additional 3,233 shares during the period. HighTower Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. SteelPeak Wealth LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 152.8% in the fourth quarter. SteelPeak Wealth LLC now owns 22,491 shares of the company’s stock worth $945,000 after acquiring an additional 13,593 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after acquiring an additional 516,575 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the third quarter worth approximately $279,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the fourth quarter worth approximately $2,482,000. Finally, Destiny Wealth Partners LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the fourth quarter worth approximately $216,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of NYSEARCA:SOXL opened at $266.32 on Wednesday. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $16.58 and a 1 year high of $267.08. The firm has a market capitalization of $36.09 billion, a PE ratio of 35.63 and a beta of 5.55. The business’s 50 day moving average price is $120.63 and its 200-day moving average price is $76.25.

Direxion Daily Semiconductors Bull 3x Shares 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.