Virtu Financial LLC Takes Position in Direxion Daily Semiconductors Bear 3x Shares $SOXS

Virtu Financial LLC bought a new position in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 1,973,906 shares of the company’s stock, valued at approximately $6,178,000. Direxion Daily Semiconductors Bear 3x Shares accounts for 0.2% of Virtu Financial LLC’s investment portfolio, making the stock its 28th biggest position. Virtu Financial LLC owned about 0.35% of Direxion Daily Semiconductors Bear 3x Shares as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SOXS. Group One Trading LLC raised its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 64.4% in the 3rd quarter. Group One Trading LLC now owns 304,291 shares of the company’s stock valued at $1,573,000 after acquiring an additional 119,167 shares during the period. PayPay Securities Corp lifted its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 169.2% during the 4th quarter. PayPay Securities Corp now owns 54,598 shares of the company’s stock valued at $171,000 after acquiring an additional 34,320 shares in the last quarter. Hamilton Wealth LLC purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the 3rd quarter worth $536,000. Ballew Advisors Inc boosted its position in Direxion Daily Semiconductors Bear 3x Shares by 46.3% during the 4th quarter. Ballew Advisors Inc now owns 179,944 shares of the company’s stock worth $563,000 after purchasing an additional 56,928 shares during the period. Finally, Capstone Capital Management Ltd acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the 4th quarter valued at $252,000.

Direxion Daily Semiconductors Bear 3x Shares Trading Down 19.5%

Shares of NYSEARCA SOXS opened at $3.59 on Friday. The stock has a fifty day moving average price of $11.08 and a 200 day moving average price of $33.51. Direxion Daily Semiconductors Bear 3x Shares has a 12-month low of $3.45 and a 12-month high of $199.40.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.