Lido Advisors LLC Purchases 7,150 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

Lido Advisors LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 120.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,079 shares of the company’s stock after purchasing an additional 7,150 shares during the quarter. Lido Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $627,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Jump Financial LLC lifted its position in Direxion Daily Semiconductors Bull 3x Shares by 185.6% in the third quarter. Jump Financial LLC now owns 1,192,948 shares of the company’s stock worth $41,562,000 after purchasing an additional 775,222 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 105.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,174,290 shares of the company’s stock valued at $40,912,000 after buying an additional 603,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 95,133.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 517,118 shares of the company’s stock valued at $21,734,000 after buying an additional 516,575 shares in the last quarter. Simplex Trading LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 40.2% during the 4th quarter. Simplex Trading LLC now owns 1,236,517 shares of the company’s stock worth $51,971,000 after acquiring an additional 354,575 shares during the period. Finally, IMC Chicago LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 550.1% during the 1st quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock worth $18,389,000 after acquiring an additional 324,775 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $91.99 on Thursday. The firm’s 50-day simple moving average is $202.28 and its 200-day simple moving average is $123.09. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $22.57 and a twelve month high of $302.00. The firm has a market cap of $13.49 billion, a P/E ratio of 35.63 and a beta of 5.66.

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.