24,267 Shares in Direxion Daily S&P 500 Bull 3x Shares $SPXL Acquired by BXM Wealth LLC

BXM Wealth LLC acquired a new stake in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 24,267 shares of the company’s stock, valued at approximately $5,354,000. BXM Wealth LLC owned approximately 0.09% of Direxion Daily S&P 500 Bull 3x Shares at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPXL. Halbert Hargrove Global Advisors LLC bought a new position in shares of Direxion Daily S&P 500 Bull 3x Shares in the third quarter worth $26,000. Newbridge Financial Services Group Inc. raised its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 384.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 155 shares of the company’s stock valued at $33,000 after purchasing an additional 123 shares during the period. Anchor Investment Management LLC bought a new stake in shares of Direxion Daily S&P 500 Bull 3x Shares during the 2nd quarter valued at $52,000. Bank of America Corp DE lifted its holdings 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 purchasing an additional 60 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Direxion Daily S&P 500 Bull 3x Shares by 223.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 834 shares of the company’s stock worth $184,000 after purchasing an additional 576 shares in the last quarter.

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

Shares of NYSEARCA SPXL opened at $189.60 on Monday. The company has a market cap of $4.76 billion, a P/E ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 52 week low of $87.08 and a 52 week high of $234.09. The business has a 50-day simple moving average of $210.36 and a two-hundred day simple moving average of $215.56.

Direxion Daily S&P 500 Bull 3x Shares Company Profile

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.