Direxion Daily Semiconductors Bear 3x Shares $SOXS Stock Position Raised by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. increased its stake in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 356.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 175,330 shares of the company’s stock after acquiring an additional 136,921 shares during the quarter. SBI Securities Co. Ltd. owned approximately 0.10% of Direxion Daily Semiconductors Bear 3x Shares worth $1,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Simplex Trading LLC acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the 2nd quarter valued at $3,970,000. Eastern Bank purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the second quarter valued at about $61,000. PayPay Securities Corp lifted its stake in Direxion Daily Semiconductors Bear 3x Shares by 718.6% during the second quarter. PayPay Securities Corp now owns 13,180 shares of the company’s stock valued at $104,000 after buying an additional 11,570 shares in the last quarter. Vontobel Holding Ltd. acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth about $114,000. Finally, AFG Fiduciary Services Limited Partnership purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth approximately $307,000.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

SOXS stock opened at $3.83 on Friday. Direxion Daily Semiconductors Bear 3x Shares has a 52-week low of $3.13 and a 52-week high of $53.43. The company’s 50 day simple moving average is $4.62 and its 200-day simple moving average is $7.95.

Direxion Daily Semiconductors Bear 3x Shares Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market.