Creative Planning Increases Stock Position in Direxion Daily Semiconductors Bull 3x Shares $SOXL

Creative Planning lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 25.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,622 shares of the company’s stock after purchasing an additional 6,729 shares during the period. Creative Planning’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $844,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of SOXL. SBI Securities Co. Ltd. grew its holdings in Direxion Daily Semiconductors Bull 3x Shares by 46.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,669,259 shares of the company’s stock valued at $41,915,000 after buying an additional 526,417 shares during the last quarter. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the second quarter valued at $22,677,000. Westwood Wealth Management increased its position in Direxion Daily Semiconductors Bull 3x Shares by 31.5% during the 2nd quarter. Westwood Wealth Management now owns 304,070 shares of the company’s stock worth $7,635,000 after purchasing an additional 72,825 shares in the last quarter. Howard Capital Management Inc. raised its stake in Direxion Daily Semiconductors Bull 3x Shares by 98.8% in the 2nd quarter. Howard Capital Management Inc. now owns 197,439 shares of the company’s stock valued at $4,964,000 after purchasing an additional 98,139 shares during the last quarter. Finally, Belvedere Trading LLC acquired a new position in Direxion Daily Semiconductors Bull 3x Shares in the 1st quarter valued at about $2,040,000.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Direxion Daily Semiconductors Bull 3x Shares stock opened at $41.31 on Tuesday. The stock has a market capitalization of $12.11 billion, a P/E ratio of 35.63 and a beta of 4.52. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $7.22 and a 12-month high of $50.76. The firm’s 50-day moving average is $39.90 and its two-hundred day moving average is $30.01.

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.