Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Gap Down – Should You Sell?

Posted by Anthony Miller on Jul 28th, 2026

Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $128.15, but opened at $113.15. Direxion Daily Semiconductors Bull 3x Shares shares last traded at $107.74, with a volume of 31,627,789 shares changing hands.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

The stock has a market cap of $15.28 billion, a P/E ratio of 35.63 and a beta of 5.66. The firm’s fifty day moving average price is $204.75 and its two-hundred day moving average price is $122.38.

Hedge Funds Weigh In On Direxion Daily Semiconductors Bull 3x Shares

A number of institutional investors have recently added to or reduced their stakes in SOXL. Key Client Fiduciary Advisors LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 2nd quarter valued at about $474,000. Client First Investment Management LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the second quarter worth approximately $4,007,000. Vigilare Wealth Management purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at approximately $498,000. Optiver Holding B.V. raised its stake in Direxion Daily Semiconductors Bull 3x Shares by 831.0% in the first quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock valued at $13,525,000 after purchasing an additional 251,587 shares in the last quarter. Finally, Serenity Investment Advisors purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the first quarter valued at approximately $116,000.

About Direxion Daily Semiconductors Bull 3x Shares

(Get Free Report)

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.