Simplex Trading LLC Acquires New Shares in Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN)

Simplex Trading LLC acquired a new stake in shares of Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 38,230 shares of the company’s stock, valued at approximately $406,000.

Separately, SG Americas Securities LLC acquired a new position in Direxion Daily Real Estate Bull 3X Shares during the 4th quarter worth about $202,000.

Direxion Daily Real Estate Bull 3X Shares Trading Up 2.5 %

Shares of DRN opened at $7.92 on Monday. The company has a market capitalization of $64.94 million, a PE ratio of 25.96 and a beta of 2.92. Direxion Daily Real Estate Bull 3X Shares has a 12 month low of $5.53 and a 12 month high of $11.00. The stock’s 50-day moving average price is $8.86 and its two-hundred day moving average price is $8.79.

Direxion Daily Real Estate Bull 3X Shares Profile

The Direxion Daily Real Estate Bull 3X Shares (DRN) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged exposure to an index that captures large cap equities of the US real estate segment. DRN was launched on Jul 16, 2009 and is managed by Direxion.