Tower Research Capital LLC TRC Has $3.21 Million Stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH)

Tower Research Capital LLC TRC boosted its position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSHFree Report) by 185.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,180 shares of the company’s stock after buying an additional 63,736 shares during the period. Tower Research Capital LLC TRC owned approximately 2.14% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares worth $3,210,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GUSH. Headlands Technologies LLC boosted its stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 82.8% in the 4th quarter. Headlands Technologies LLC now owns 991 shares of the company’s stock valued at $32,000 after purchasing an additional 449 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 3rd quarter valued at approximately $43,000. Quadrature Capital Ltd acquired a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 3rd quarter valued at approximately $235,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 4th quarter valued at approximately $327,000. Finally, Simplex Trading LLC acquired a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 4th quarter valued at approximately $1,944,000.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Trading Down 1.3 %

GUSH opened at $35.55 on Friday. The company’s 50 day moving average is $39.69 and its 200-day moving average is $35.31. The company has a market cap of $428.73 million, a P/E ratio of 1.38 and a beta of 1.35. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 1-year low of $26.58 and a 1-year high of $44.99.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Profile

(Free Report)

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.

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Institutional Ownership by Quarter for Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH)

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