Integrated Wealth Concepts LLC Decreases Position in Direxion Daily Semiconductors Bull 3X ETF $SOXL

Integrated Wealth Concepts LLC lessened its stake in Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) by 35.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,021 shares of the company’s stock after selling 21,892 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Direxion Daily Semiconductors Bull 3X ETF were worth $10,674,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SOXL. Pin Oak Investment Advisors Inc. bought a new position in Direxion Daily Semiconductors Bull 3X ETF during the fourth quarter valued at $25,000. Raymond James Financial Inc. bought a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF in the second quarter valued at $25,000. Halbert Hargrove Global Advisors LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3X ETF 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 buying an additional 138 shares during the period. Western Wealth Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3X ETF during the 1st quarter valued at $33,000. Finally, 1248 Management LLC lifted its position in shares of Direxion Daily Semiconductors Bull 3X ETF by 33.3% during the 4th quarter. 1248 Management LLC now owns 800 shares of the company’s stock valued at $34,000 after buying an additional 200 shares during the last quarter.

Direxion Daily Semiconductors Bull 3X ETF Stock Performance

SOXL stock opened at $115.76 on Friday. The company has a market capitalization of $19.61 billion, a price-to-earnings ratio of 35.63 and a beta of 5.73. Direxion Daily Semiconductors Bull 3X ETF has a fifty-two week low of $28.12 and a fifty-two week high of $302.00. The stock has a fifty day moving average of $136.12 and a 200-day moving average of $136.61.

About Direxion Daily Semiconductors Bull 3X ETF

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.