Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL – Get Free Report)’s stock price gapped down prior to trading on Thursday. The stock had previously closed at $66.68, but opened at $56.95. Direxion Daily Semiconductors Bull 3X ETF shares last traded at $51.2840, with a volume of 90,830,982 shares trading hands.
Direxion Daily Semiconductors Bull 3X ETF Stock Performance
The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 35.63 and a beta of 5.93. The company has a 50 day moving average price of $118.28 and a 200 day moving average price of $123.71.
Institutional Investors Weigh In On Direxion Daily Semiconductors Bull 3X ETF
A number of institutional investors have recently made changes to their positions in SOXL. Anchor Investment Management LLC purchased a new stake in Direxion Daily Semiconductors Bull 3X ETF during the second quarter worth approximately $107,000. Western Wealth Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3X ETF in the 1st quarter valued at $33,000. PayPay Securities Corp grew its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 105.8% in the 3rd quarter. PayPay Securities Corp now owns 856 shares of the company’s stock valued at $127,000 after buying an additional 440 shares during the last quarter. Bouchey Financial Group Ltd. purchased a new position in shares of Direxion Daily Semiconductors Bull 3X ETF in the 2nd quarter valued at $360,000. Finally, Optivise Advisory Services LLC acquired a new stake in Direxion Daily Semiconductors Bull 3X ETF during the 3rd quarter worth $203,000.
Direxion Daily Semiconductors Bull 3X ETF Company 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.
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