Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 772.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,220 shares of the company’s stock after purchasing an additional 10,820 shares during the period. Farther Finance Advisors LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $307,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vontobel Holding Ltd. acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares in the first quarter valued at approximately $195,000. Archford Capital Strategies LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 49.4% in the first quarter. Archford Capital Strategies LLC now owns 20,343 shares of the company’s stock worth $324,000 after acquiring an additional 6,727 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 194.9% in the second quarter. Parallel Advisors LLC now owns 16,257 shares of the company’s stock worth $408,000 after acquiring an additional 10,745 shares during the last quarter. Bank of Nova Scotia acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the first quarter worth approximately $416,000. Finally, Morse Asset Management Inc boosted its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 23.0% in the first quarter. Morse Asset Management Inc now owns 38,028 shares of the company’s stock worth $607,000 after acquiring an additional 7,118 shares during the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of NYSEARCA:SOXL opened at $34.02 on Tuesday. The business’s 50 day moving average price is $28.00 and its 200-day moving average price is $21.50. The firm has a market capitalization of $17.13 billion, a PE ratio of 35.63 and a beta of 4.08. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $7.22 and a 1 year high of $41.19.

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.