Elevatus Welath Management Sells 15,236 Shares of Direxion Daily Semiconductors Bull 3x Shares $SOXL

Elevatus Welath Management cut its stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 12.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,805 shares of the company’s stock after selling 15,236 shares during the period. Direxion Daily Semiconductors Bull 3x Shares comprises approximately 1.2% of Elevatus Welath Management’s holdings, making the stock its 25th largest holding. Elevatus Welath Management’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $4,321,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SOXL. Toth Financial Advisory Corp boosted its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 2.3% during the third quarter. Toth Financial Advisory Corp now owns 13,951 shares of the company’s stock worth $486,000 after purchasing an additional 312 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 1.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 29,789 shares of the company’s stock valued at $748,000 after purchasing an additional 413 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 1.5% in the 2nd quarter. Corient Private Wealth LLC now owns 31,601 shares of the company’s stock valued at $794,000 after purchasing an additional 457 shares during the period. Addison Advisors LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares in the 3rd quarter valued at $33,000. Finally, Stratos Wealth Advisors LLC increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 3.0% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 31,732 shares of the company’s stock worth $1,106,000 after purchasing an additional 939 shares in the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $46.61 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $7.22 and a 52-week high of $72.36. The business’s 50 day simple moving average is $59.70 and its 200 day simple moving average is $47.81. The firm has a market cap of $8.97 billion, a PE ratio of 35.63 and a beta of 4.52.

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.