Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Sold by Intrepid Financial Planning Group LLC

Intrepid Financial Planning Group LLC reduced its stake in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 23.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,798 shares of the company’s stock after selling 2,705 shares during the period. Intrepid Financial Planning Group LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $240,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth about $29,000. HighTower Advisors LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 49.1% during the 4th quarter. HighTower Advisors LLC now owns 13,598 shares of the company’s stock worth $371,000 after purchasing an additional 4,480 shares during the period. PNC Financial Services Group Inc. grew its position in Direxion Daily Semiconductors Bull 3x Shares by 40.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,025 shares of the company’s stock worth $219,000 after purchasing an additional 2,313 shares during the period. Lindbrook Capital LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares by 70.6% during the 4th quarter. Lindbrook Capital LLC now owns 1,450 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth about $27,180,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL opened at $19.80 on Friday. The business’s 50-day moving average is $26.81 and its two-hundred day moving average is $30.22. The company has a market capitalization of $8.02 billion, a P/E ratio of 29.25 and a beta of 4.09. Direxion Daily Semiconductors Bull 3x Shares has a fifty-two week low of $16.51 and a fifty-two week 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.