Signaturefd LLC Raises Stock Position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Signaturefd LLC grew its position in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 50.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,000 shares of the company’s stock after buying an additional 1,000 shares during the period. Signaturefd LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $82,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 40.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,025 shares of the company’s stock worth $219,000 after purchasing an additional 2,313 shares during the last quarter. Barclays PLC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 57.2% in the 3rd quarter. Barclays PLC now owns 24,421 shares of the company’s stock valued at $896,000 after acquiring an additional 8,890 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 55.7% in the 3rd quarter. HighTower Advisors LLC now owns 9,118 shares of the company’s stock worth $335,000 after acquiring an additional 3,263 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 30.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 106,628 shares of the company’s stock worth $3,911,000 after acquiring an additional 25,079 shares during the last quarter. Finally, Taika Capital LP purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the 3rd quarter worth approximately $3,765,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Up 8.9 %

Shares of NYSEARCA SOXL opened at $21.00 on Tuesday. The business’s 50 day moving average is $25.64 and its two-hundred day moving average is $29.59. Direxion Daily Semiconductors Bull 3x Shares has a 52-week low of $16.51 and a 52-week high of $70.08. The firm has a market cap of $8.51 billion, a price-to-earnings ratio of 29.25 and a beta of 4.09.

About Direxion Daily Semiconductors Bull 3x Shares

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.