Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Share Price Cross Above 200 Day Moving Average of $86.43

Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $86.43 and traded as high as $104.96. Direxion Daily Financial Bull 3X Shares shares last traded at $104.40, with a volume of 252,755 shares changing hands.

Direxion Daily Financial Bull 3X Shares Stock Performance

The business has a fifty day simple moving average of $102.69 and a two-hundred day simple moving average of $86.43.

Institutional Investors Weigh In On Direxion Daily Financial Bull 3X Shares

A number of institutional investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the 1st quarter worth approximately $96,000. Grandview Asset Management LLC acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the 1st quarter worth approximately $269,000. Diligent Investors LLC acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the 4th quarter worth approximately $223,000. Capital Investment Counsel Inc acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the 4th quarter worth approximately $231,000. Finally, McAdam LLC acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the 4th quarter worth approximately $243,000. 3.51% of the stock is owned by institutional investors and hedge funds.

Direxion Daily Financial Bull 3X Shares Company Profile

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.