Direxion Daily Semiconductors Bull 3X ETF $SOXL Shares Sold by Howard Capital Management LLC

Howard Capital Management LLC trimmed its position in shares of Direxion Daily Semiconductors Bull 3X ETF (NYSEARCA:SOXL) by 7.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 76,496 shares of the company’s stock after selling 6,033 shares during the quarter. Howard Capital Management LLC’s holdings in Direxion Daily Semiconductors Bull 3X ETF were worth $11,311,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SOXL. Clay Northam Wealth Management LLC purchased a new position in shares of Direxion Daily Semiconductors Bull 3X ETF during the second quarter valued at $1,178,000. Triton Wealth Management PLLC purchased a new stake in Direxion Daily Semiconductors Bull 3X ETF in the 1st quarter worth about $731,000. IMC Chicago LLC lifted its stake in Direxion Daily Semiconductors Bull 3X ETF by 550.1% in the 1st quarter. IMC Chicago LLC now owns 383,819 shares of the company’s stock worth $18,389,000 after acquiring an additional 324,775 shares in the last quarter. WJ Financial Advisors LLC purchased a new stake in Direxion Daily Semiconductors Bull 3X ETF in the 1st quarter worth about $398,000. Finally, SG Americas Securities LLC acquired a new stake in Direxion Daily Semiconductors Bull 3X ETF during the 1st quarter worth about $328,000.

Direxion Daily Semiconductors Bull 3X ETF Trading Down 12.7%

NYSEARCA:SOXL traded down $13.68 on Friday, hitting $93.67. 113,472,385 shares of the company’s stock traded hands, compared to its average volume of 72,260,086. Direxion Daily Semiconductors Bull 3X ETF has a 1 year low of $28.12 and a 1 year high of $302.00. The firm has a 50-day moving average price of $128.92 and a 200-day moving average price of $150.29. The company has a market cap of $16.43 billion, a PE ratio of 35.63 and a beta of 5.75.

About Direxion Daily Semiconductors Bull 3X ETF

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.