38,251 Shares in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) during the 4th quarter, Holdings Channel reports. The institutional investor bought 38,251 shares of the company’s stock, valued at approximately $860,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. increased its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 27.3% during the fourth quarter. Vontobel Holding Ltd. now owns 28,425 shares of the company’s stock valued at $639,000 after acquiring an additional 6,095 shares in the last quarter. PayPay Securities Corp purchased a new stake in Direxion Daily Semiconductors Bear 3x Shares during the 4th quarter worth approximately $65,000. Merit Financial Group LLC increased its stake in Direxion Daily Semiconductors Bear 3x Shares by 271.2% during the 4th quarter. Merit Financial Group LLC now owns 46,400 shares of the company’s stock valued at $1,043,000 after purchasing an additional 33,900 shares in the last quarter. Virtu Financial LLC raised its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 66.0% in the third quarter. Virtu Financial LLC now owns 263,906 shares of the company’s stock worth $5,344,000 after buying an additional 104,943 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 696.1% during the third quarter. IHT Wealth Management LLC now owns 93,300 shares of the company’s stock worth $1,965,000 after buying an additional 81,580 shares during the period.

Direxion Daily Semiconductors Bear 3x Shares Price Performance

NYSEARCA SOXS opened at $25.26 on Tuesday. The stock’s fifty day moving average price is $20.27 and its 200 day moving average price is $21.57. Direxion Daily Semiconductors Bear 3x Shares has a 1 year low of $16.35 and a 1 year high of $46.84.

Direxion Daily Semiconductors Bear 3x Shares Company Profile

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.