SteelPeak Wealth LLC Has $945,000 Holdings in Direxion Daily Semiconductors Bull 3x Shares $SOXL

SteelPeak Wealth LLC increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 152.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,491 shares of the company’s stock after buying an additional 13,593 shares during the period. SteelPeak Wealth LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $945,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Wealth Partners LLC bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter worth about $36,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter valued at about $200,000. Cantor Fitzgerald L. P. grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 19.0% during the third quarter. Cantor Fitzgerald L. P. now owns 15,601 shares of the company’s stock worth $544,000 after purchasing an additional 2,489 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the third quarter worth approximately $1,490,000. Finally, Scientech Research LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares in the third quarter worth approximately $446,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Shares of SOXL opened at $52.75 on Monday. 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 moving average price is $58.47 and its two-hundred day moving average price is $48.77. The firm has a market cap of $13.41 billion, a PE ratio of 35.63 and a beta of 4.52.

Direxion Daily Semiconductors Bull 3x Shares 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.