Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Sold by Hoey Investments Inc.

Hoey Investments Inc. decreased its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 67.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 8,202 shares of the company’s stock after selling 17,216 shares during the period. Hoey Investments Inc.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $206,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in SOXL. Spire Wealth Management raised its holdings in Direxion Daily Semiconductors Bull 3x Shares by 14,970.5% in the first quarter. Spire Wealth Management now owns 197,122 shares of the company’s stock valued at $3,144,000 after acquiring an additional 195,814 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 14.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,142,842 shares of the company’s stock valued at $18,228,000 after acquiring an additional 147,588 shares in the last quarter. Belvedere Trading LLC acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at approximately $2,040,000. Smithfield Trust Co bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the first quarter worth $1,387,000. Finally, XTX Topco Ltd boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 370.4% in the first quarter. XTX Topco Ltd now owns 103,848 shares of the company’s stock worth $1,656,000 after purchasing an additional 81,771 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

SOXL stock opened at $34.43 on Tuesday. The firm has a market cap of $17.34 billion, a price-to-earnings ratio of 35.63 and a beta of 4.08. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $7.22 and a 1-year high of $41.19. The firm has a fifty day moving average price of $27.33 and a two-hundred day moving average price of $20.95.

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.