17,897 Shares in Direxion Daily Financial Bull 3X ETF $FAS Bought by Mather Group LLC.

Mather Group LLC. purchased a new position in shares of Direxion Daily Financial Bull 3X ETF (NYSEARCA:FAS) during the third quarter, HoldingsChannel reports. The firm purchased 17,897 shares of the real estate investment trust’s stock, valued at approximately $2,515,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Toth Financial Advisory Corp acquired a new stake in shares of Direxion Daily Financial Bull 3X ETF in the third quarter valued at approximately $169,000. Renaissance Technologies LLC boosted its stake in shares of Direxion Daily Financial Bull 3X ETF by 18.9% during the 1st quarter. Renaissance Technologies LLC now owns 25,200 shares of the real estate investment trust’s stock worth $2,986,000 after acquiring an additional 4,000 shares during the period. Group One Trading LLC bought a new position in shares of Direxion Daily Financial Bull 3X ETF during the 1st quarter worth approximately $1,039,000. PNC Financial Services Group Inc. increased its holdings in shares of Direxion Daily Financial Bull 3X ETF by 17.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,532 shares of the real estate investment trust’s stock worth $1,130,000 after acquiring an additional 1,400 shares during the last quarter. Finally, IMC Chicago LLC acquired a new position in shares of Direxion Daily Financial Bull 3X ETF during the 1st quarter worth approximately $221,000. Institutional investors own 3.51% of the company’s stock.

Direxion Daily Financial Bull 3X ETF Stock Up 1.3%

Shares of FAS stock traded up $2.04 during trading on Friday, reaching $156.61. 529,033 shares of the company’s stock were exchanged, compared to its average volume of 661,131. Direxion Daily Financial Bull 3X ETF has a twelve month low of $106.90 and a twelve month high of $187.25. The firm’s fifty day moving average price is $165.99 and its 200-day moving average price is $152.82. The stock has a market capitalization of $2.13 billion, a PE ratio of 15.11 and a beta of 2.62.

Direxion Daily Financial Bull 3X ETF Profile

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending.