StoneX Group Inc. Makes New Investment in Direxion Daily Semiconductors Bull 3X ETF $SOXL

StoneX Group Inc. acquired a new stake in Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,310 shares of the company’s stock, valued at approximately $1,968,000.

Several other hedge funds also recently bought and sold shares of SOXL. Anchor Investment Management LLC purchased a new stake in Direxion Daily Semiconductors Bull 3X ETF in the second quarter worth $107,000. Western Wealth Management LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF during the first quarter valued at $33,000. PayPay Securities Corp boosted its stake in shares of Direxion Daily Semiconductors Bull 3X ETF by 105.8% during the third quarter. PayPay Securities Corp now owns 856 shares of the company’s stock valued at $127,000 after purchasing an additional 440 shares during the period. Bouchey Financial Group Ltd. purchased a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF during the second quarter valued at $360,000. Finally, Optivise Advisory Services LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3X ETF during the third quarter valued at $203,000.

Direxion Daily Semiconductors Bull 3X ETF Stock Performance

NYSEARCA SOXL opened at $45.97 on Monday. The stock has a market cap of $11.89 billion, a PE ratio of 35.63 and a beta of 5.93. Direxion Daily Semiconductors Bull 3X ETF has a 12 month low of $28.12 and a 12 month high of $302.00. The company’s 50-day moving average price is $115.22 and its 200-day moving average price is $123.55.

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.