StoneCrest Wealth Management Inc. Has $334,000 Stock Holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

StoneCrest Wealth Management Inc. decreased its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,238 shares of the company’s stock after selling 550 shares during the period. StoneCrest Wealth Management Inc.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $334,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SOXL. Anchor Investment Management LLC boosted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 83.6% during the 3rd quarter. Anchor Investment Management LLC now owns 1,285 shares of the company’s stock worth $47,000 after buying an additional 585 shares in the last quarter. Covestor Ltd lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 101.4% during the 3rd quarter. Covestor Ltd now owns 1,766 shares of the company’s stock valued at $65,000 after acquiring an additional 889 shares during the period. Signaturefd LLC boosted its stake in Direxion Daily Semiconductors Bull 3x Shares by 17.6% during the third 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 acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the third quarter worth $106,000. Finally, Hollencrest Capital Management increased its stake in Direxion Daily Semiconductors Bull 3x Shares by 2,726.7% in the third 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 Trading Up 0.2 %

Shares of NYSEARCA SOXL opened at $29.99 on Friday. The firm has a market capitalization of $8.13 billion, a P/E ratio of 37.08 and a beta of 5.47. The firm’s 50-day moving average price is $29.26 and its 200-day moving average price is $35.87. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $23.50 and a 1-year high of $70.08.

About Direxion Daily Semiconductors Bull 3x Shares

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.