Group One Trading LLC lowered its position in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL – Free Report) by 53.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,218 shares of the company’s stock after selling 24,274 shares during the quarter. Group One Trading LLC owned 0.08% of Direxion Daily S&P 500 Bull 3x Shares worth $4,496,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in SPXL. Bank of America Corp DE raised its holdings in Direxion Daily S&P 500 Bull 3x Shares by 14.6% during the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock worth $80,000 after purchasing an additional 60 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Direxion Daily S&P 500 Bull 3x Shares by 389.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock worth $17,643,000 after purchasing an additional 100,000 shares during the period. Simplex Trading LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 3x Shares during the 2nd quarter worth approximately $1,783,000. AE Wealth Management LLC raised its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 29.0% during the 2nd quarter. AE Wealth Management LLC now owns 1,299 shares of the company’s stock worth $225,000 after buying an additional 292 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 1.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 149,968 shares of the company’s stock valued at $26,024,000 after buying an additional 1,793 shares during the period.
Direxion Daily S&P 500 Bull 3x Shares Price Performance
Direxion Daily S&P 500 Bull 3x Shares stock opened at $214.89 on Friday. The stock’s 50 day moving average price is $224.22 and its 200 day moving average price is $215.58. The company has a market cap of $5.38 billion, a PE ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 1-year low of $87.08 and a 1-year high of $234.09.
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.
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