Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Stock Price Pass Above 50-Day Moving Average of $17.54

Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINNGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $17.54 and traded as high as $19.37. Direxion Daily FTSE China Bull 3X Shares shares last traded at $19.09, with a volume of 5,691,983 shares.

Direxion Daily FTSE China Bull 3X Shares Stock Performance

The firm has a market cap of $352.02 million, a PE ratio of 8.56 and a beta of 1.45. The firm’s 50-day moving average price is $17.54 and its two-hundred day moving average price is $22.08.

Institutional Trading of Direxion Daily FTSE China Bull 3X Shares

Institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its position in Direxion Daily FTSE China Bull 3X Shares by 173.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 717 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 455 shares during the last quarter. Barclays PLC purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the 1st quarter valued at $44,000. Viewpoint Capital Management LLC raised its position in Direxion Daily FTSE China Bull 3X Shares by 17.3% in the 4th quarter. Viewpoint Capital Management LLC now owns 6,780 shares of the exchange traded fund’s stock valued at $142,000 after purchasing an additional 1,000 shares during the last quarter. Parallel Advisors LLC raised its position in Direxion Daily FTSE China Bull 3X Shares by 34.8% in the 4th quarter. Parallel Advisors LLC now owns 6,250 shares of the exchange traded fund’s stock valued at $131,000 after purchasing an additional 1,615 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Direxion Daily FTSE China Bull 3X Shares by 156.8% in the 4th quarter. Bank of America Corp DE now owns 7,569 shares of the exchange traded fund’s stock valued at $350,000 after purchasing an additional 4,621 shares during the last quarter.

Direxion Daily FTSE China Bull 3X Shares Company Profile

(Get Free Report)

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.

Further Reading

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