Direxion Work From Home ETF (NYSEARCA:WFH) Trading 0.6% Higher – Here’s What Happened

Direxion Work From Home ETF (NYSEARCA:WFHGet Free Report)’s stock price traded up 0.6% during trading on Wednesday . The company traded as high as $70.41 and last traded at $69.64. 1,228 shares were traded during trading, a decline of 14% from the average session volume of 1,436 shares. The stock had previously closed at $69.22.

Direxion Work From Home ETF Trading Up 0.6%

The stock has a market capitalization of $15.32 million, a price-to-earnings ratio of 26.15 and a beta of 0.94. The stock has a 50-day moving average price of $67.53 and a 200 day moving average price of $63.79.

Institutional Investors Weigh In On Direxion Work From Home ETF

Institutional investors have recently modified their holdings of the business. Citadel Advisors LLC lifted its stake in Direxion Work From Home ETF by 65.7% in the 4th quarter. Citadel Advisors LLC now owns 11,687 shares of the company’s stock valued at $751,000 after buying an additional 4,636 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in Direxion Work From Home ETF in the 2nd quarter valued at about $212,000. Royal Bank of Canada lifted its stake in Direxion Work From Home ETF by 53.4% in the 1st quarter. Royal Bank of Canada now owns 6,956 shares of the company’s stock valued at $397,000 after buying an additional 2,421 shares in the last quarter. Finally, Tradition Wealth Management LLC lifted its stake in Direxion Work From Home ETF by 1.5% in the 1st quarter. Tradition Wealth Management LLC now owns 95,054 shares of the company’s stock valued at $5,429,000 after buying an additional 1,440 shares in the last quarter.

Direxion Work From Home ETF Company Profile

(Get Free Report)

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.

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