3,886 Shares in Direxion Daily S&P 500 Bull 3x Shares $SPXL Bought by QTR Family Wealth LLC

QTR Family Wealth LLC bought a new stake in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,886 shares of the company’s stock, valued at approximately $823,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Citizens Financial Group Inc. RI raised its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 4.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,395 shares of the company’s stock valued at $1,143,000 after acquiring an additional 210 shares during the period. Ferguson Wellman Capital Management Inc. bought a new stake in Direxion Daily S&P 500 Bull 3x Shares in the third quarter valued at approximately $763,000. New Perspectives Inc acquired a new stake in Direxion Daily S&P 500 Bull 3x Shares in the third quarter worth $201,000. Discipline Wealth Solutions LLC boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 18.1% during the third quarter. Discipline Wealth Solutions LLC now owns 6,527 shares of the company’s stock worth $1,383,000 after purchasing an additional 998 shares in the last quarter. Finally, PayPay Securities Corp boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 75.0% during the third quarter. PayPay Securities Corp now owns 1,307 shares of the company’s stock worth $277,000 after purchasing an additional 560 shares in the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Stock Down 0.4%

SPXL opened at $228.91 on Tuesday. Direxion Daily S&P 500 Bull 3x Shares has a 12 month low of $87.08 and a 12 month high of $233.84. The company has a fifty day simple moving average of $221.12 and a 200 day simple moving average of $206.90. The stock has a market cap of $5.94 billion, a P/E 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.