Clear Creek Financial Management LLC Has $200,000 Position in Direxion Daily Semiconductors Bear 3x Shares $SOXS

Clear Creek Financial Management LLC lifted its stake in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 113.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 64,000 shares of the company’s stock after acquiring an additional 34,000 shares during the period. Clear Creek Financial Management LLC’s holdings in Direxion Daily Semiconductors Bear 3x Shares were worth $200,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Capital Advisors Inc. OK acquired a new position in shares of Direxion Daily Semiconductors Bear 3x Shares during the 3rd quarter valued at $1,551,000. Group One Trading LLC lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 64.4% during the 3rd quarter. Group One Trading LLC now owns 304,291 shares of the company’s stock valued at $1,573,000 after acquiring an additional 119,167 shares during the period. IMC Chicago LLC lifted its position in shares of Direxion Daily Semiconductors Bear 3x Shares by 300.5% during the 3rd quarter. IMC Chicago LLC now owns 513,684 shares of the company’s stock valued at $2,656,000 after acquiring an additional 385,412 shares during the period. Fragasso Financial Advisors Inc acquired a new position in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter worth $141,000. Finally, Ballew Advisors Inc raised its holdings in Direxion Daily Semiconductors Bear 3x Shares by 46.3% during the fourth quarter. Ballew Advisors Inc now owns 179,944 shares of the company’s stock worth $563,000 after buying an additional 56,928 shares during the last quarter.

Direxion Daily Semiconductors Bear 3x Shares Stock Performance

SOXS opened at $21.05 on Wednesday. The company’s fifty day moving average price is $36.48 and its two-hundred day moving average price is $55.79. Direxion Daily Semiconductors Bear 3x Shares has a 1-year low of $21.00 and a 1-year high of $585.60.

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.