X Square Capital LLC Buys 8,404 Shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL)

X Square Capital LLC boosted its position in shares of Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 44.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,330 shares of the company’s stock after acquiring an additional 8,404 shares during the quarter. X Square Capital LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $746,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC bought a new position in Direxion Daily Semiconductors Bull 3x Shares during the 4th quarter worth about $29,000. Anchor Investment Management LLC raised its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 83.6% during the 3rd quarter. Anchor Investment Management LLC now owns 1,285 shares of the company’s stock worth $47,000 after purchasing an additional 585 shares during the last quarter. Lindbrook Capital LLC grew its holdings in shares of Direxion Daily Semiconductors Bull 3x Shares by 70.6% during the fourth quarter. Lindbrook Capital LLC now owns 1,450 shares of the company’s stock worth $40,000 after buying an additional 600 shares in the last quarter. PayPay Securities Corp raised its stake in Direxion Daily Semiconductors Bull 3x Shares by 21.6% during the fourth quarter. PayPay Securities Corp now owns 2,269 shares of the company’s stock worth $62,000 after purchasing an additional 403 shares during the period. Finally, Signaturefd LLC increased its position in shares of Direxion Daily Semiconductors Bull 3x Shares by 50.0% during the 4th quarter. Signaturefd LLC now owns 3,000 shares of the company’s stock worth $82,000 after purchasing an additional 1,000 shares during the last quarter.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 5.5 %

Direxion Daily Semiconductors Bull 3x Shares stock opened at $17.76 on Friday. Direxion Daily Semiconductors Bull 3x Shares has a twelve month low of $16.51 and a twelve month high of $70.08. The firm has a market capitalization of $7.20 billion, a P/E ratio of 29.25 and a beta of 4.09. The stock’s fifty day simple moving average is $25.02 and its 200-day simple moving average is $29.40.

Direxion Daily Semiconductors Bull 3x Shares Increases Dividend

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

Direxion Daily Semiconductors Bull 3x Shares 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.