Crewe Advisors LLC Decreases Stock Holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Crewe Advisors LLC reduced its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 34.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,510 shares of the company’s stock after selling 1,320 shares during the period. Crewe Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $69,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Barclays PLC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 57.2% during the 3rd quarter. Barclays PLC now owns 24,421 shares of the company’s stock worth $896,000 after purchasing an additional 8,890 shares during the last quarter. Creative Planning purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares in the third quarter valued at $216,000. Prime Capital Investment Advisors LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares by 14.1% in the third quarter. Prime Capital Investment Advisors LLC now owns 8,244 shares of the company’s stock valued at $302,000 after acquiring an additional 1,018 shares during the last quarter. HighTower Advisors LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares by 55.7% in the third quarter. HighTower Advisors LLC now owns 9,118 shares of the company’s stock valued at $335,000 after acquiring an additional 3,263 shares during the last quarter. Finally, Signaturefd LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares by 17.6% in the third quarter. Signaturefd LLC now owns 2,000 shares of the company’s stock valued at $73,000 after acquiring an additional 300 shares during the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of SOXL opened at $27.69 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $23.50 and a 1-year high of $70.08. The stock has a market cap of $7.50 billion, a PE ratio of 37.08 and a beta of 5.47. The firm has a fifty day moving average price of $29.29 and a 200 day moving average price of $32.72.

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.