Virtu Financial LLC Makes New Investment in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

Virtu Financial LLC acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,273 shares of the company’s stock, valued at approximately $444,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. SBI Securities Co. Ltd. acquired a new position in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth about $27,180,000. TB Alternative Assets Ltd. grew its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 29.5% in the 4th quarter. TB Alternative Assets Ltd. now owns 622,886 shares of the company’s stock worth $17,011,000 after purchasing an additional 141,941 shares during the last quarter. Flow Traders U.S. LLC raised 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 purchasing an additional 25,079 shares in the last quarter. Taika Capital LP acquired a new stake in Direxion Daily Semiconductors Bull 3x Shares during the third quarter valued at approximately $3,765,000. Finally, Variant Private Wealth LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the fourth quarter worth approximately $2,030,000.

Direxion Daily Semiconductors Bull 3x Shares Stock Performance

Direxion Daily Semiconductors Bull 3x Shares stock opened at $18.79 on Thursday. Direxion Daily Semiconductors Bull 3x Shares has a 1 year low of $16.51 and a 1 year high of $70.08. The firm’s 50 day moving average price is $25.26 and its two-hundred day moving average price is $29.48. The firm has a market cap of $7.61 billion, a price-to-earnings ratio of 29.25 and a beta of 4.09.

Direxion Daily Semiconductors Bull 3x Shares Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.0648 per share. The ex-dividend date is Tuesday, March 25th. This is a positive change from Direxion Daily Semiconductors Bull 3x Shares’s previous dividend of $0.06.

Direxion Daily Semiconductors Bull 3x Shares Company Profile

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.