94,268 Shares in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 94,268 shares of the company’s stock, valued at approximately $3,002,000.

A number of other large investors also recently added to or reduced their stakes in SOXL. Creative Planning increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 1.2% in the second quarter. Creative Planning now owns 55,905 shares of the company’s stock valued at $732,000 after acquiring an additional 688 shares during the period. AlphaMark Advisors LLC increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 313.6% in the fourth quarter. AlphaMark Advisors LLC now owns 910 shares of the company’s stock valued at $29,000 after acquiring an additional 690 shares during the period. Stratos Wealth Advisors LLC increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 11.4% in the third quarter. Stratos Wealth Advisors LLC now owns 10,060 shares of the company’s stock valued at $190,000 after acquiring an additional 1,032 shares during the period. Barclays PLC increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 8.9% in the fourth quarter. Barclays PLC now owns 14,204 shares of the company’s stock valued at $137,000 after acquiring an additional 1,155 shares during the period. Finally, Coppell Advisory Solutions LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the second quarter valued at about $31,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 6.0 %

SOXL stock opened at $34.85 on Friday. The firm’s 50-day moving average price is $43.31 and its two-hundred day moving average price is $31.43. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $12.52 and a 12-month high of $56.99. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 42.92 and a beta of 5.29.

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.