Group One Trading LLC Buys 119,167 Shares of Direxion Daily Semiconductors Bear 3x Shares $SOXS

Group One Trading LLC boosted its stake in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 64.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,291 shares of the company’s stock after purchasing an additional 119,167 shares during the quarter. Group One Trading LLC owned about 0.09% of Direxion Daily Semiconductors Bear 3x Shares worth $1,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SOXS. SBI Securities Co. Ltd. raised its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 356.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 175,330 shares of the company’s stock valued at $1,383,000 after buying an additional 136,921 shares in the last quarter. JPMorgan Chase & Co. grew its position in Direxion Daily Semiconductors Bear 3x Shares by 11,545.6% in the second quarter. JPMorgan Chase & Co. now owns 274,486 shares of the company’s stock worth $2,166,000 after acquiring an additional 272,129 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in Direxion Daily Semiconductors Bear 3x Shares in the second quarter valued at $564,000. Qube Research & Technologies Ltd raised its position in Direxion Daily Semiconductors Bear 3x Shares by 16,725.0% during the second quarter. Qube Research & Technologies Ltd now owns 100,950 shares of the company’s stock valued at $796,000 after purchasing an additional 100,350 shares in the last quarter. Finally, Lighthouse Investment Partners LLC raised its position in Direxion Daily Semiconductors Bear 3x Shares by 100.0% during the second quarter. Lighthouse Investment Partners LLC now owns 60,000 shares of the company’s stock valued at $473,000 after purchasing an additional 30,000 shares in the last quarter.

Direxion Daily Semiconductors Bear 3x Shares Stock Down 11.9%

Shares of SOXS stock opened at $39.78 on Tuesday. The business has a 50-day moving average price of $41.40 and a two-hundred day moving average price of $72.51. Direxion Daily Semiconductors Bear 3x Shares has a 12-month low of $31.40 and a 12-month high of $1,068.60.

Direxion Daily Semiconductors Bear 3x Shares Profile

Direxion Daily Semiconductor Bear 3x shares seek daily investment results of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index (Semiconductor Index). The Semiconductor Index measures the performance of the semiconductor subsector of the United States equity market. Component companies are engaged in the design, distribution, manufacture and sale of semiconductors. As of February 18, 2010, the Semiconductor Index included companies with capitalizations between $1.7 billion and $114 billion.