1 week Ago By ABMN Staff
Direxion Daily Semiconductors Bull 3x Shares ( NYSEARCA:SOXL – Get Free Report ) shares saw unusually-high trading volume on Friday . Approximately 34,175,191 shares traded hands during mid-day trading, a decline of 53% from the previous session’s volume of 72,148,055 shares.The stock last traded at $27.
52 and had previously closed at $29.75. Direxion Daily Semiconductors Bull 3x Shares Stock Performance The business has a 50 day simple moving average of $43.
66 and a 200-day simple moving average of $45.41. The firm has a market capitalization of $7.
03 billion, a price-to-earnings ratio of 37.08 and a beta of 5.47.
Institutional Inflows and Outflows Several large investors have recently modified their holdings of SOXL. International Assets Investment Management LLC purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth about $3,002,000. Meridian Wealth Management LLC boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 6.
0% in the fourth quarter. Meridian Wealth Management LLC now owns 11,398 shares of the company’s stock worth $358,000 after purchasing an additional 649 shares during the period. Virtu Financial LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the fourth quarter worth $2,459,000.
Westend Capital Management LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at $68,000. Finally, Global Assets Advisory LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the first quarter worth approximately $13,683,000. 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. Featured Stories Receive News & Ratings for Direxion Daily Semiconductors Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bull 3x Shares and related companies with MarketBeat.
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