Direxion Daily Semiconductors Bull 3x Shares $SOXL Shares Purchased by Avestar Capital LLC

Avestar Capital LLC boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 232.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 264,996 shares of the company’s stock after acquiring an additional 185,383 shares during the quarter. Avestar Capital LLC owned about 0.05% of Direxion Daily Semiconductors Bull 3x Shares worth $6,654,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Optimum Investment Advisors grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 550.0% in the 2nd quarter. Optimum Investment Advisors now owns 1,300 shares of the company’s stock worth $33,000 after purchasing an additional 1,100 shares during the last quarter. St. Johns Investment Management Company LLC boosted its holdings in Direxion Daily Semiconductors Bull 3x Shares by 55.1% during the second quarter. St. Johns Investment Management Company LLC now owns 4,468 shares of the company’s stock worth $112,000 after buying an additional 1,588 shares in the last quarter. Abound Wealth Management bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the second quarter worth approximately $136,000. Bank of Montreal Can grew its position in Direxion Daily Semiconductors Bull 3x Shares by 26.7% in the second quarter. Bank of Montreal Can now owns 5,933 shares of the company’s stock worth $149,000 after buying an additional 1,250 shares during the last quarter. Finally, Meridian Wealth Management LLC increased its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 6.6% in the first quarter. Meridian Wealth Management LLC now owns 10,058 shares of the company’s stock valued at $160,000 after buying an additional 624 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of NYSEARCA:SOXL opened at $46.50 on Friday. The company has a market capitalization of $13.63 billion, a PE ratio of 35.63 and a beta of 4.52. The stock has a fifty day moving average of $40.81 and a 200-day moving average of $30.61. Direxion Daily Semiconductors Bull 3x Shares has a one year low of $7.22 and a one year high of $50.76.

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.