Bogart Wealth LLC Sells 8,005 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

Bogart Wealth LLC trimmed its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 88.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,000 shares of the company’s stock after selling 8,005 shares during the quarter. Bogart Wealth LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $48,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. St. Johns Investment Management Company LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the first quarter worth approximately $38,000. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 32.5% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares in the last quarter. Discipline Wealth Solutions LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the 1st quarter valued at $509,000. SG Americas Securities LLC purchased a new position in Direxion Daily Semiconductors Bull 3x Shares during the first quarter worth about $328,000. Finally, SHP Wealth Management purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter worth approximately $57,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $165.28 on Wednesday. The stock has a fifty day moving average price of $203.60 and a 200-day moving average price of $111.10. The firm has a market cap of $19.52 billion, a PE ratio of 35.63 and a beta of 5.66. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $22.57 and a 1 year high of $302.00.

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.