570 Shares in Direxion Daily Technology Bull 3X Shares $TECL Bought by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC purchased a new position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 570 shares of the exchange traded fund’s stock, valued at approximately $53,000.

A number of other institutional investors have also made changes to their positions in the business. SBI Securities Co. Ltd. increased its holdings in shares of Direxion Daily Technology Bull 3X Shares by 9.7% in the first quarter. SBI Securities Co. Ltd. now owns 262,979 shares of the exchange traded fund’s stock valued at $15,400,000 after purchasing an additional 23,301 shares during the last quarter. Oxinas Partners Wealth Management LLC increased its holdings in shares of Direxion Daily Technology Bull 3X Shares by 85.9% in the second quarter. Oxinas Partners Wealth Management LLC now owns 55,034 shares of the exchange traded fund’s stock valued at $5,150,000 after purchasing an additional 25,435 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in shares of Direxion Daily Technology Bull 3X Shares by 489.2% in the first quarter. Flow Traders U.S. LLC now owns 23,750 shares of the exchange traded fund’s stock valued at $1,391,000 after purchasing an additional 19,719 shares during the last quarter. Birchview Capital LP grew its stake in Direxion Daily Technology Bull 3X Shares by 11.1% in the 1st quarter. Birchview Capital LP now owns 20,000 shares of the exchange traded fund’s stock valued at $1,171,000 after buying an additional 2,000 shares during the last quarter. Finally, Townsquare Capital LLC grew its stake in Direxion Daily Technology Bull 3X Shares by 58.6% in the 1st quarter. Townsquare Capital LLC now owns 17,128 shares of the exchange traded fund’s stock valued at $1,003,000 after buying an additional 6,329 shares during the last quarter.

Direxion Daily Technology Bull 3X Shares Trading Down 12.0%

Direxion Daily Technology Bull 3X Shares stock opened at $118.89 on Monday. Direxion Daily Technology Bull 3X Shares has a 12 month low of $32.52 and a 12 month high of $136.52. The stock’s 50 day moving average is $111.52 and its 200-day moving average is $87.07. The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of 36.87 and a beta of 3.54.

Direxion Daily Technology Bull 3X Shares Company Profile

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.