PNC Financial Services Group Inc. lessened its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL – Free Report) by 12.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,022 shares of the company’s stock after selling 1,003 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $112,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of SOXL. Thurston Springer Miller Herd & Titak Inc. bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the first quarter valued at approximately $32,000. Copia Wealth Management bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the fourth quarter valued at approximately $36,000. St. Johns Investment Management Company LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares in the first quarter valued at approximately $46,000. Crewe Advisors LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 52.6% in the first quarter. Crewe Advisors LLC now owns 3,830 shares of the company’s stock valued at $61,000 after purchasing an additional 1,320 shares in the last quarter. Finally, PayPay Securities Corp grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 67.4% in the first quarter. PayPay Securities Corp now owns 3,799 shares of the company’s stock valued at $61,000 after purchasing an additional 1,530 shares in the last quarter.
Direxion Daily Semiconductors Bull 3x Shares Stock Down 4.7%
SOXL stock opened at $26.24 on Wednesday. The business has a 50 day moving average price of $25.35 and a two-hundred day moving average price of $20.60. The company has a market cap of $13.21 billion, a price-to-earnings ratio of 35.63 and a beta of 4.08. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $7.22 and a twelve month high of $42.88.
Direxion Daily Semiconductors Bull 3x Shares 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.
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