Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Stock Cross Above 200 Day Moving Average of $75.84

Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS – Get Rating) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $75.84 and traded as high as $84.95. Direxion Daily Financial Bull 3X Shares shares last traded at $83.35, with a volume of 538,860 shares trading hands.

Direxion Daily Financial Bull 3X Shares Trading Up 0.3 %

The business has a fifty day moving average price of $82.91 and a 200 day moving average price of $75.84.

Institutional Trading of Direxion Daily Financial Bull 3X Shares

Large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its position in Direxion Daily Financial Bull 3X Shares by 1,377.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 266 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 248 shares during the last quarter. IFP Advisors Inc boosted its position in Direxion Daily Financial Bull 3X Shares by 98.2% in the 3rd quarter. IFP Advisors Inc now owns 1,110 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 550 shares during the last quarter. OLD Mission Capital LLC purchased a new position in Direxion Daily Financial Bull 3X Shares in the 4th quarter valued at about $37,000. Ronald Blue Trust Inc. purchased a new position in Direxion Daily Financial Bull 3X Shares in the 2nd quarter valued at about $38,000. Finally, Larson Financial Group LLC purchased a new position in Direxion Daily Financial Bull 3X Shares in the 4th quarter valued at about $48,000. 2.66% of the stock is currently owned by institutional investors and hedge funds.

About Direxion Daily Financial Bull 3X Shares

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Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.