Direxion Daily S&P 500 Bull 3x Shares $SPXL Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC decreased its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 86.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,790 shares of the company’s stock after selling 11,057 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $379,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPXL. Halbert Hargrove Global Advisors LLC acquired a new stake in Direxion Daily S&P 500 Bull 3x Shares during the third quarter worth approximately $26,000. Anchor Investment Management LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 3x Shares in the 2nd quarter valued at $52,000. FSA Wealth Management LLC acquired a new stake in Direxion Daily S&P 500 Bull 3x Shares during the 2nd quarter worth $54,000. Bank of America Corp DE raised its stake in Direxion Daily S&P 500 Bull 3x Shares by 14.6% during the 4th quarter. Bank of America Corp DE now owns 472 shares of the company’s stock worth $80,000 after acquiring an additional 60 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in Direxion Daily S&P 500 Bull 3x Shares in the third quarter valued at $186,000.

Direxion Daily S&P 500 Bull 3x Shares Stock Performance

Shares of SPXL stock opened at $225.80 on Monday. The stock’s 50-day moving average is $224.89 and its two-hundred day moving average is $211.46. Direxion Daily S&P 500 Bull 3x Shares has a 1 year low of $87.08 and a 1 year high of $234.09. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of 25.10 and a beta of 3.03.

About Direxion Daily S&P 500 Bull 3x Shares

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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.