Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Gap Up to $45.03

Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) shares gapped up before the market opened on Wednesday . The stock had previously closed at $45.03, but opened at $46.23. Direxion Daily Semiconductors Bull 3x Shares shares last traded at $44.91, with a volume of 17,097,205 shares traded.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 0.1 %

The firm’s 50-day moving average is $40.88 and its two-hundred day moving average is $28.96. The stock has a market cap of $13.11 billion, a price-to-earnings ratio of 15.46 and a beta of 4.08.

Institutional Trading of Direxion Daily Semiconductors Bull 3x Shares

Large investors have recently bought and sold shares of the business. AlphaMark Advisors LLC grew its stake in Direxion Daily Semiconductors Bull 3x Shares by 313.6% during the 4th quarter. AlphaMark Advisors LLC now owns 910 shares of the company’s stock valued at $29,000 after acquiring an additional 690 shares in the last quarter. Coppell Advisory Solutions LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 2nd quarter valued at approximately $31,000. Anchor Investment Management LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at approximately $53,000. Lindbrook Capital LLC grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 362.5% in the 4th quarter. Lindbrook Capital LLC now owns 1,850 shares of the company’s stock valued at $58,000 after buying an additional 1,450 shares during the period. Finally, Coppell Advisory Solutions Corp. purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the 4th quarter valued at approximately $26,000.

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.