Elevatus Welath Management Invests $2.08 Million in Direxion Daily Regional Banks Bull 3x Shares $DPST

Elevatus Welath Management acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 20,603 shares of the company’s stock, valued at approximately $2,082,000. Elevatus Welath Management owned about 0.36% of Direxion Daily Regional Banks Bull 3x Shares at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DPST. Jump Financial LLC bought a new stake in Direxion Daily Regional Banks Bull 3x Shares in the 2nd quarter worth approximately $6,448,000. IMC Chicago LLC grew its position in Direxion Daily Regional Banks Bull 3x Shares by 329.1% during the third quarter. IMC Chicago LLC now owns 60,257 shares of the company’s stock valued at $6,029,000 after acquiring an additional 46,213 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Direxion Daily Regional Banks Bull 3x Shares by 18.0% during the second quarter. Tower Research Capital LLC TRC now owns 29,272 shares of the company’s stock valued at $2,541,000 after acquiring an additional 4,463 shares during the last quarter. Great Hill Capital LLC purchased a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth approximately $307,000. Finally, Stephens Inc. AR purchased a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth approximately $210,000.

Direxion Daily Regional Banks Bull 3x Shares Stock Performance

Shares of DPST opened at $89.10 on Friday. Direxion Daily Regional Banks Bull 3x Shares has a fifty-two week low of $46.00 and a fifty-two week high of $146.09. The firm has a market cap of $447.28 million, a price-to-earnings ratio of 10.48 and a beta of 2.67. The firm has a 50 day moving average price of $112.42 and a 200-day moving average price of $103.13.

About Direxion Daily Regional Banks Bull 3x Shares

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.