1ST Source Bank Acquires Shares of 5,000 Direxion Daily Regional Banks Bull 3x Shares $DPST

1ST Source Bank acquired a new stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,000 shares of the company’s stock, valued at approximately $434,000. 1ST Source Bank owned about 0.07% of Direxion Daily Regional Banks Bull 3x Shares at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DPST. Toth Financial Advisory Corp lifted its stake in shares of Direxion Daily Regional Banks Bull 3x Shares by 12.5% in the 2nd quarter. Toth Financial Advisory Corp now owns 3,594 shares of the company’s stock valued at $312,000 after purchasing an additional 398 shares during the last quarter. REDW Wealth LLC increased its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 20.0% during the 2nd quarter. REDW Wealth LLC now owns 3,000 shares of the company’s stock worth $260,000 after purchasing an additional 500 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares in the 1st quarter valued at about $78,000. Headlands Technologies LLC acquired a new position in Direxion Daily Regional Banks Bull 3x Shares in the first quarter valued at about $105,000. Finally, Lindbrook Capital LLC lifted its position in Direxion Daily Regional Banks Bull 3x Shares by 228.6% in the first quarter. Lindbrook Capital LLC now owns 2,300 shares of the company’s stock valued at $199,000 after buying an additional 1,600 shares during the last quarter.

Direxion Daily Regional Banks Bull 3x Shares Trading Up 4.1%

DPST opened at $85.81 on Monday. The stock’s 50-day moving average price is $96.57 and its 200 day moving average price is $90.71. Direxion Daily Regional Banks Bull 3x Shares has a 12-month low of $46.00 and a 12-month high of $174.22. The firm has a market cap of $842.65 million, a price-to-earnings ratio of 10.48 and a beta of 2.67.

Direxion Daily Regional Banks Bull 3x Shares Company Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.