StoneCrest Wealth Management Inc. Sells 550 Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

StoneCrest Wealth Management Inc. decreased its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,238 shares of the company’s stock after selling 550 shares during the period. StoneCrest Wealth Management Inc.’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $334,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. TB Alternative Assets Ltd. bought a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter worth about $17,641,000. CloudAlpha Capital Management Limited Hong Kong increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 116.3% during the 3rd quarter. CloudAlpha Capital Management Limited Hong Kong now owns 383,010 shares of the company’s stock worth $14,049,000 after purchasing an additional 205,910 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Direxion Daily Semiconductors Bull 3x Shares in the third quarter worth approximately $3,781,000. Taika Capital LP bought a new position in shares of Direxion Daily Semiconductors Bull 3x Shares in the third quarter valued at approximately $3,765,000. Finally, Campbell Capital Management Inc. purchased a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter valued at approximately $1,064,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Up 0.2 %

Shares of Direxion Daily Semiconductors Bull 3x Shares stock opened at $29.99 on Friday. The company has a market capitalization of $8.13 billion, a P/E ratio of 37.08 and a beta of 5.47. The stock has a fifty day simple moving average of $29.26 and a 200 day simple moving average of $35.87. Direxion Daily Semiconductors Bull 3x Shares has a 12-month low of $23.50 and a 12-month high of $70.08.

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.