WJ Financial Advisors LLC Acquires New Holdings in Direxion Daily Semiconductors Bull 3x Shares $SOXL

WJ Financial Advisors LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,300 shares of the company’s stock, valued at approximately $398,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SOXL. Avestar Capital LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at $2,514,000. Northwestern Mutual Wealth Management Co. increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock worth $21,734,000 after purchasing an additional 516,575 shares in the last quarter. HighTower Advisors LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 8.4% in the fourth quarter. HighTower Advisors LLC now owns 41,910 shares of the company’s stock valued at $1,761,000 after purchasing an additional 3,233 shares during the last quarter. SteelPeak Wealth LLC raised its position in 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 valued at $945,000 after purchasing an additional 13,593 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 91.1% during the fourth quarter. Larson Financial Group LLC now owns 7,061 shares of the company’s stock valued at $297,000 after purchasing an additional 3,366 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 14.0%

NYSEARCA:SOXL opened at $165.37 on Tuesday. The stock has a market cap of $21.93 billion, a P/E ratio of 35.63 and a beta of 5.66. The stock’s 50-day moving average is $208.54 and its 200-day moving average is $115.03. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $22.57 and a 1-year high of $302.00.

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.