SBI Securities Co. Ltd. Sells 10,652 Shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC

SBI Securities Co. Ltd. reduced its position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) by 80.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,622 shares of the company’s stock after selling 10,652 shares during the period. SBI Securities Co. Ltd. owned approximately 0.12% of Direxion Daily MSCI Emerging Markets Bull 3X Shares worth $134,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares in the 1st quarter worth $604,000. 180 Wealth Advisors LLC bought a new stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the 2nd quarter worth $239,000. Millington Financial Advisors LLC purchased a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the second quarter worth $235,000. PMV Capital Advisers LLC purchased a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the third quarter worth $256,000. Finally, Great Oak Capital Partners LLC bought a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the third quarter valued at $212,000.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Trading Up 0.5%

Shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares stock opened at $72.57 on Wednesday. The firm has a market capitalization of $194.49 million, a PE ratio of 15.39 and a beta of 1.93. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 12 month low of $20.13 and a 12 month high of $74.25. The business’s 50-day moving average price is $60.15 and its 200-day moving average price is $52.72.

About Direxion Daily MSCI Emerging Markets Bull 3X Shares

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.