Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Sets New 1-Year Low at $18.40

Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS – Get Rating) shares hit a new 52-week low during trading on Friday . The stock traded as low as $18.40 and last traded at $18.90, with a volume of 9734408 shares. The stock had previously closed at $18.85.

Direxion Daily Semiconductors Bear 3x Shares Trading Up 1.5 %

The company’s fifty day moving average price is $23.06 and its 200-day moving average price is $39.87.

Hedge Funds Weigh In On Direxion Daily Semiconductors Bear 3x Shares

Several large investors have recently made changes to their positions in SOXS. Psagot Value Holdings Ltd. Israel purchased a new position in shares of Direxion Daily Semiconductors Bear 3x Shares during the third quarter valued at approximately $35,000. Piershale Financial Group Inc. bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $38,000. Advisor Group Holdings Inc. bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $65,000. IFP Advisors Inc bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at approximately $117,000. Finally, Quantbot Technologies LP bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the second quarter valued at approximately $210,000.

About Direxion Daily Semiconductors Bear 3x Shares

(Get Rating)

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.