Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Sold by Taika Capital LP

Taika Capital LP trimmed its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 18.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,201 shares of the company’s stock after selling 18,449 shares during the quarter. Direxion Daily Semiconductors Bull 3x Shares makes up about 1.8% of Taika Capital LP’s holdings, making the stock its 25th biggest position. Taika Capital LP’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $2,300,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SOXL. Barclays PLC increased its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 57.2% in the third quarter. Barclays PLC now owns 24,421 shares of the company’s stock valued at $896,000 after purchasing an additional 8,890 shares during the period. Creative Planning acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the third quarter valued at approximately $216,000. Prime Capital Investment Advisors LLC increased its holdings in shares of 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 purchasing an additional 1,018 shares during the period. HighTower Advisors LLC increased its holdings in shares of 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 purchasing an additional 3,263 shares during the period. Finally, Flow Traders U.S. LLC increased its position in Direxion Daily Semiconductors Bull 3x Shares by 30.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 106,628 shares of the company’s stock worth $3,911,000 after purchasing an additional 25,079 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 8.6 %

NYSEARCA SOXL opened at $20.88 on Monday. The business’s 50 day moving average is $27.78 and its two-hundred day moving average is $30.87. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $18.75 and a 12-month high of $70.08. The stock has a market capitalization of $6.44 billion, a price-to-earnings ratio of 29.74 and a beta of 3.96.

Direxion Daily Semiconductors Bull 3x Shares 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.