Farther Finance Advisors LLC Buys 920 Shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

Farther Finance Advisors LLC boosted its stake in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 4,000.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 943 shares of the exchange traded fund’s stock after buying an additional 920 shares during the quarter. Farther Finance Advisors LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $83,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Stratos Wealth Advisors LLC grew its stake in Direxion Daily Technology Bull 3X Shares by 0.9% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 24,764 shares of the exchange traded fund’s stock valued at $2,168,000 after buying an additional 232 shares in the last quarter. Oxinas Partners Wealth Management LLC lifted its holdings in Direxion Daily Technology Bull 3X Shares by 3.3% during the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 19,099 shares of the exchange traded fund’s stock worth $1,672,000 after purchasing an additional 607 shares in the last quarter. Headlands Technologies LLC bought a new position in Direxion Daily Technology Bull 3X Shares in the 1st quarter worth about $72,000. Valmark Advisers Inc. purchased a new position in Direxion Daily Technology Bull 3X Shares during the 2nd quarter valued at about $201,000. Finally, Onyx Bridge Wealth Group LLC bought a new stake in shares of Direxion Daily Technology Bull 3X Shares during the second quarter valued at about $226,000.

Direxion Daily Technology Bull 3X Shares Trading Up 0.2 %

TECL stock opened at $97.30 on Wednesday. The firm has a 50 day moving average of $86.42 and a 200-day moving average of $86.22. The firm has a market capitalization of $4.13 billion, a P/E ratio of 50.15 and a beta of 4.03. Direxion Daily Technology Bull 3X Shares has a 12 month low of $53.37 and a 12 month high of $112.78.

About Direxion Daily Technology Bull 3X Shares

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.