Shares of Direxion Daily 20+ Year Treasury Bull 3X ETF (NYSEARCA:TMF – Get Free Report) traded up 0.6% during mid-day trading on Thursday. The stock traded as high as $30.55 and last traded at $30.26. 6,053,213 shares were traded during trading, an increase of 14% from the average session volume of 5,322,517 shares. The stock had previously closed at $30.09.
Direxion Daily 20+ Year Treasury Bull 3X ETF Trading Up 0.6%
The firm has a fifty day simple moving average of $28.61 and a 200-day simple moving average of $33.68.
Institutional Trading of Direxion Daily 20+ Year Treasury Bull 3X ETF
A number of large investors have recently made changes to their positions in TMF. Optiver Holding B.V. acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bull 3X ETF in the 1st quarter valued at about $3,803,000. Royal Bank of Canada grew its stake in Direxion Daily 20+ Year Treasury Bull 3X ETF by 56.3% during the 1st quarter. Royal Bank of Canada now owns 42,029 shares of the company’s stock worth $1,516,000 after buying an additional 15,134 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in Direxion Daily 20+ Year Treasury Bull 3X ETF during the first quarter worth approximately $25,000. Simplex Trading LLC acquired a new position in Direxion Daily 20+ Year Treasury Bull 3X ETF during the third quarter worth approximately $13,651,000. Finally, StoneX Group Inc. acquired a new position in Direxion Daily 20+ Year Treasury Bull 3X ETF during the third quarter worth approximately $453,000.
About Direxion Daily 20+ Year Treasury Bull 3X ETF
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.
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