Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Acquired by TB Alternative Assets Ltd.

TB Alternative Assets Ltd. boosted its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 29.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 622,886 shares of the company’s stock after buying an additional 141,941 shares during the quarter. Direxion Daily Semiconductors Bull 3x Shares makes up about 4.4% of TB Alternative Assets Ltd.’s investment portfolio, making the stock its 7th largest position. TB Alternative Assets Ltd.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $17,011,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Anchor Investment Management LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 83.6% during the third quarter. Anchor Investment Management LLC now owns 1,285 shares of the company’s stock worth $47,000 after buying an additional 585 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 101.4% in the 3rd quarter. Covestor Ltd now owns 1,766 shares of the company’s stock worth $65,000 after acquiring an additional 889 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 17.6% in the 3rd quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock worth $73,000 after acquiring an additional 300 shares in the last quarter. Bogart Wealth LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter worth approximately $106,000. Finally, Hollencrest Capital Management increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 2,726.7% during the 3rd quarter. Hollencrest Capital Management now owns 2,968 shares of the company’s stock valued at $109,000 after purchasing an additional 2,863 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL opened at $32.49 on Tuesday. The company has a market cap of $8.80 billion, a price-to-earnings ratio of 37.08 and a beta of 5.47. The stock has a fifty day moving average price of $29.20 and a two-hundred day moving average price of $35.18. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $23.50 and a 52-week high of $70.08.

Direxion Daily Semiconductors Bull 3x Shares Company 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.