Howard Capital Management LLC Sells 6,033 Shares of Direxion Daily Semiconductors Bull 3X ETF $SOXL

Howard Capital Management LLC lessened its holdings in shares of Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) by 7.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,496 shares of the company’s stock after selling 6,033 shares during the period. Howard Capital Management LLC’s holdings in Direxion Daily Semiconductors Bull 3X ETF were worth $11,311,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IMC Chicago LLC raised its stake in Direxion Daily Semiconductors Bull 3X ETF by 550.1% during the 1st quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock valued at $18,389,000 after acquiring an additional 324,775 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of Direxion Daily Semiconductors Bull 3X ETF by 831.0% during the first quarter. Optiver Holding B.V. now owns 281,863 shares of the company’s stock valued at $13,525,000 after purchasing an additional 251,587 shares during the period. Client First Investment Management LLC increased its holdings in shares of Direxion Daily Semiconductors Bull 3X ETF by 117.3% during the third quarter. Client First Investment Management LLC now owns 32,643 shares of the company’s stock valued at $4,827,000 after purchasing an additional 17,621 shares during the period. SteelPeak Wealth LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3X ETF by 1.2% during the first quarter. SteelPeak Wealth LLC now owns 22,757 shares of the company’s stock valued at $1,090,000 after purchasing an additional 266 shares in the last quarter. Finally, Clearwater Capital Advisors LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF during the first quarter valued at about $791,000.

Direxion Daily Semiconductors Bull 3X ETF Trading Down 12.7%

SOXL traded down $13.68 on Friday, reaching $93.67. The company had a trading volume of 113,472,385 shares, compared to its average volume of 72,260,086. The company has a market capitalization of $16.43 billion, a P/E ratio of 35.63 and a beta of 5.75. The company has a fifty day moving average of $128.92 and a 200-day moving average of $150.29. Direxion Daily Semiconductors Bull 3X ETF has a one year low of $28.12 and a one year high of $302.00.

Direxion Daily Semiconductors Bull 3X ETF 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.