SBI Securities Co. Ltd. Takes Position in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS)

SBI Securities Co. Ltd. purchased a new position in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 38,251 shares of the company’s stock, valued at approximately $860,000. SBI Securities Co. Ltd. owned 0.22% of Direxion Daily Semiconductors Bear 3x Shares as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vontobel Holding Ltd. lifted its holdings in 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 worth $639,000 after buying an additional 6,095 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of Direxion Daily Semiconductors Bear 3x Shares in the 3rd quarter worth $498,000. BNP Paribas Financial Markets lifted its stake in shares of Direxion Daily Semiconductors Bear 3x Shares by 200.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 752,200 shares of the company’s stock worth $15,232,000 after purchasing an additional 502,200 shares during the last quarter. PayPay Securities Corp bought a new stake in Direxion Daily Semiconductors Bear 3x Shares during the fourth quarter valued at about $65,000. Finally, Merit Financial Group LLC grew its stake in Direxion Daily Semiconductors Bear 3x Shares by 271.2% in the fourth 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 during the last quarter.

Direxion Daily Semiconductors Bear 3x Shares Price Performance

SOXS stock opened at $25.26 on Tuesday. Direxion Daily Semiconductors Bear 3x Shares has a one year low of $16.35 and a one year high of $46.84. The firm has a 50-day simple moving average of $20.27 and a two-hundred day simple moving average of $21.57.

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.