JPMorgan Chase & Co. Raises Position in Direxion Daily 20+ Year Treasury Bull 3x Shares $TMF

JPMorgan Chase & Co. raised its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) by 117.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 160,998 shares of the company’s stock after acquiring an additional 86,978 shares during the period. JPMorgan Chase & Co.’s holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares were worth $6,469,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Shengqi Capital Hong Kong Ltd purchased a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares in the 2nd quarter worth approximately $24,132,600,000. Jump Financial LLC grew its holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares by 115.4% in the 2nd quarter. Jump Financial LLC now owns 482,070 shares of the company’s stock worth $18,916,000 after acquiring an additional 258,272 shares during the last quarter. PPSC Investment Service Corp increased its position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 18.2% in the third quarter. PPSC Investment Service Corp now owns 242,128 shares of the company’s stock valued at $9,729,000 after acquiring an additional 37,335 shares during the period. SG Americas Securities LLC raised its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 3.2% during the third quarter. SG Americas Securities LLC now owns 103,388 shares of the company’s stock valued at $4,154,000 after acquiring an additional 3,248 shares during the last quarter. Finally, IHT Wealth Management LLC raised its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 52.2% during the second quarter. IHT Wealth Management LLC now owns 95,400 shares of the company’s stock valued at $3,743,000 after acquiring an additional 32,730 shares during the last quarter.

Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Performance

Shares of NYSEARCA:TMF opened at $36.06 on Wednesday. The stock’s 50-day moving average is $38.21 and its 200 day moving average is $39.41. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 1 year low of $33.51 and a 1 year high of $48.98.

Direxion Daily 20+ Year Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. The Index constituent bonds are weighted by their relative amounts outstanding.