IMC Chicago LLC Cuts Stock Position in Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS)

IMC Chicago LLC trimmed its stake in shares of Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) by 98.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,694 shares of the company’s stock after selling 4,467,527 shares during the period. IMC Chicago LLC’s holdings in Direxion Daily Semiconductors Bear 3x Shares were worth $1,678,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Merit Financial Group LLC boosted its stake in shares of 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 worth $1,043,000 after acquiring an additional 33,900 shares during the last quarter. Virtu Financial LLC lifted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 66.0% in the 3rd quarter. Virtu Financial LLC now owns 263,906 shares of the company’s stock valued at $5,344,000 after purchasing an additional 104,943 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in Direxion Daily Semiconductors Bear 3x Shares by 696.1% in the 3rd quarter. IHT Wealth Management LLC now owns 93,300 shares of the company’s stock valued at $1,965,000 after purchasing an additional 81,580 shares in the last quarter. HighTower Advisors LLC boosted its stake in Direxion Daily Semiconductors Bear 3x Shares by 82.9% during the 3rd quarter. HighTower Advisors LLC now owns 57,151 shares of the company’s stock worth $1,157,000 after purchasing an additional 25,901 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in shares of Direxion Daily Semiconductors Bear 3x Shares during the third quarter worth $397,000.

Direxion Daily Semiconductors Bear 3x Shares Price Performance

NYSEARCA:SOXS opened at $20.91 on Monday. Direxion Daily Semiconductors Bear 3x Shares has a twelve month low of $16.35 and a twelve month high of $48.50. The company’s 50-day moving average price is $20.87 and its 200-day moving average price is $22.57.

Direxion Daily Semiconductors Bear 3x Shares 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.