Direxion Daily Semiconductors Bear 3x Shares $SOXS Shares Acquired by Ballew Advisors Inc

Ballew Advisors Inc increased its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 46.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,944 shares of the company’s stock after buying an additional 56,928 shares during the period. Ballew Advisors Inc’s holdings in Direxion Daily Semiconductors Bear 3x Shares were worth $563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SOXS. Lane Generational LLC acquired a new stake in Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter worth about $6,309,000. IHT Wealth Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the second quarter worth about $7,441,000. SBI Securities Co. Ltd. boosted its position in Direxion Daily Semiconductors Bear 3x Shares by 285.7% during the third quarter. SBI Securities Co. Ltd. now owns 676,299 shares of the company’s stock worth $3,496,000 after acquiring an additional 500,969 shares during the last quarter. IMC Chicago LLC increased its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 300.5% in the third quarter. IMC Chicago LLC now owns 513,684 shares of the company’s stock valued at $2,656,000 after purchasing an additional 385,412 shares during the last quarter. Finally, UBS Group AG grew its holdings in Direxion Daily Semiconductors Bear 3x Shares by 196.2% in the 3rd quarter. UBS Group AG now owns 361,438 shares of the company’s stock valued at $1,869,000 after buying an additional 239,419 shares in the last quarter.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 4.7%

NYSEARCA SOXS opened at $43.10 on Friday. The business’s fifty day simple moving average is $38.19 and its 200-day simple moving average is $63.18. Direxion Daily Semiconductors Bear 3x Shares has a 52 week low of $31.40 and a 52 week high of $1,068.60.

About Direxion Daily Semiconductors Bear 3x Shares

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.