Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Stock Price Up 0.9% – What’s Next?

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) shares shot up 0.9% during mid-day trading on Monday . The company traded as high as $119.00 and last traded at $117.27. Approximately 53,168 shares were traded during trading, a decline of 22% from the average session volume of 68,237 shares. The stock had previously closed at $116.22.

Direxion Daily Healthcare Bull 3x Shares Stock Performance

The stock has a market cap of $175.91 million, a P/E ratio of 20.81 and a beta of 1.67. The business has a 50 day simple moving average of $100.17 and a 200-day simple moving average of $103.23.

Institutional Trading of Direxion Daily Healthcare Bull 3x Shares

Large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its position in Direxion Daily Healthcare Bull 3x Shares by 16.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the company’s stock worth $169,000 after acquiring an additional 300 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Direxion Daily Healthcare Bull 3x Shares during the 2nd quarter worth approximately $34,000. Frazier Financial Advisors LLC purchased a new stake in shares of Direxion Daily Healthcare Bull 3x Shares during the 4th quarter worth approximately $112,000. Qube Research & Technologies Ltd bought a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the 2nd quarter worth approximately $157,000. Finally, Group One Trading LLC bought a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter worth approximately $245,000.

About Direxion Daily Healthcare Bull 3x Shares

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.