JPMorgan Chase & Co. Has $3.03 Million Position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

JPMorgan Chase & Co. lifted its holdings in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 10.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 17,929 shares of the company’s stock after purchasing an additional 1,709 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of Direxion Daily S&P 500 Bull 3X worth $3,025,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SPXL. Trinity Legacy Partners LLC increased its position in shares of Direxion Daily S&P 500 Bull 3X by 14.0% during the fourth quarter. Trinity Legacy Partners LLC now owns 1,480 shares of the company’s stock worth $250,000 after acquiring an additional 182 shares in the last quarter. PayPay Securities Corp raised its stake in shares of Direxion Daily S&P 500 Bull 3X by 55.4% in the 4th quarter. PayPay Securities Corp now owns 564 shares of the company’s stock valued at $95,000 after purchasing an additional 201 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter valued at about $34,000. Navigation Wealth Management Inc. lifted its holdings in shares of Direxion Daily S&P 500 Bull 3X by 9.1% in the fourth quarter. Navigation Wealth Management Inc. now owns 2,792 shares of the company’s stock valued at $471,000 after purchasing an additional 233 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of Direxion Daily S&P 500 Bull 3X during the fourth quarter worth about $67,000.

Direxion Daily S&P 500 Bull 3X Stock Performance

Shares of Direxion Daily S&P 500 Bull 3X stock opened at $102.76 on Tuesday. Direxion Daily S&P 500 Bull 3X has a 52-week low of $87.08 and a 52-week high of $190.34. The business’s 50 day simple moving average is $143.77 and its 200 day simple moving average is $164.58. The firm has a market cap of $3.26 billion, a PE ratio of 19.59 and a beta of 3.03.

Direxion Daily S&P 500 Bull 3X Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.