SBI Securities Co. Ltd. Sells 12,277 Shares of Direxion Daily FTSE China Bull 3X Shares $YINN

SBI Securities Co. Ltd. reduced its stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 68.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,681 shares of the exchange traded fund’s stock after selling 12,277 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $308,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ping Capital Management Inc. grew its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 1.8% in the 3rd quarter. Ping Capital Management Inc. now owns 58,000 shares of the exchange traded fund’s stock worth $3,149,000 after purchasing an additional 1,000 shares during the last quarter. Bank of America Corp DE boosted its position in Direxion Daily FTSE China Bull 3X Shares by 34.4% in the second quarter. Bank of America Corp DE now owns 3,128 shares of the exchange traded fund’s stock valued at $128,000 after buying an additional 800 shares in the last quarter. Flow Traders U.S. LLC grew its stake in Direxion Daily FTSE China Bull 3X Shares by 76.1% during the second quarter. Flow Traders U.S. LLC now owns 20,197 shares of the exchange traded fund’s stock worth $828,000 after buying an additional 8,725 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the second quarter worth approximately $226,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the second quarter worth approximately $4,128,000.

Direxion Daily FTSE China Bull 3X Shares Price Performance

Shares of YINN opened at $44.44 on Monday. The company has a market capitalization of $923.91 million, a P/E ratio of 8.49 and a beta of 0.93. Direxion Daily FTSE China Bull 3X Shares has a one year low of $21.41 and a one year high of $57.71. The business’s 50 day simple moving average is $45.20 and its 200-day simple moving average is $47.28.

Direxion Daily FTSE China Bull 3X Shares Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.