Simplex Trading LLC Sells 795 Shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS)

Simplex Trading LLC lessened its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 52.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 712 shares of the company’s stock after selling 795 shares during the period. Simplex Trading LLC’s holdings in Direxion Daily Semiconductors Bear 3x Shares were worth $26,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. XR Securities LLC bought a new position in shares of Direxion Daily Semiconductors Bear 3x Shares during the 3rd quarter valued at about $506,000. Jane Street Group LLC lifted its holdings in shares of Direxion Daily Semiconductors Bear 3x Shares by 121.0% during the 2nd quarter. Jane Street Group LLC now owns 14,265 shares of the company’s stock valued at $735,000 after purchasing an additional 82,065 shares in the last quarter. Finally, Verity Asset Management Inc. bought a new position in shares of Direxion Daily Semiconductors Bear 3x Shares during the 2nd quarter valued at about $159,000.

Shares of Direxion Daily Semiconductors Bear 3x Shares stock opened at $34.07 on Thursday. The business’s 50 day simple moving average is $38.20 and its 200 day simple moving average is $26.13. Direxion Daily Semiconductors Bear 3x Shares has a 52-week low of $32.38 and a 52-week high of $171.80.

The company also recently announced a — dividend, which was paid on Tuesday, October 1st. Investors of record on Wednesday, September 25th were given a $0.2552 dividend. This represents a yield of 2.5%. The ex-dividend date was Tuesday, September 24th.

About Direxion Daily Semiconductors Bear 3x Shares

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.

Read More: What is the Bid-Ask Spread?

Want to see what other hedge funds are holding SOXS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS).

Institutional Ownership by Quarter for Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS)

Receive News & Ratings for Direxion Daily Semiconductors Bear 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Semiconductors Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.