St. Johns Investment Management Company LLC Makes New Investment in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

St. Johns Investment Management Company LLC purchased a new stake in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,000 shares of the company’s stock, valued at approximately $94,000.

Several other institutional investors and hedge funds have also modified their holdings of SOXL. AlphaMark Advisors LLC raised its position in Direxion Daily Semiconductors Bull 3x Shares by 313.6% in the fourth quarter. AlphaMark Advisors LLC now owns 910 shares of the company’s stock valued at $29,000 after purchasing an additional 690 shares during the last quarter. Anchor Investment Management LLC bought a new stake in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth approximately $53,000. Lindbrook Capital LLC raised its stake in shares of Direxion Daily Semiconductors Bull 3x Shares by 362.5% during the fourth quarter. Lindbrook Capital LLC now owns 1,850 shares of the company’s stock valued at $58,000 after acquiring an additional 1,450 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of Direxion Daily Semiconductors Bull 3x Shares during the third quarter worth $78,000. Finally, PayPay Securities Corp increased its holdings in Direxion Daily Semiconductors Bull 3x Shares by 42.3% in the third quarter. PayPay Securities Corp now owns 5,378 shares of the company’s stock valued at $101,000 after purchasing an additional 1,599 shares during the period.

Direxion Daily Semiconductors Bull 3x Shares Price Performance

Shares of NYSEARCA:SOXL traded up $1.07 during mid-day trading on Friday, hitting $41.03. The company had a trading volume of 47,048,410 shares, compared to its average volume of 70,108,633. The company has a market capitalization of $11.12 billion, a PE ratio of 37.08 and a beta of 5.47. Direxion Daily Semiconductors Bull 3x Shares has a one year low of $13.59 and a one year high of $56.99. The firm has a fifty day moving average price of $42.59 and a 200 day moving average price of $33.52.

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.