Optiver Holding B.V. Boosts Holdings in Direxion Daily MSCI South Korea Bull 3x Shares $KORU

Optiver Holding B.V. raised its position in Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) by 408.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,624 shares of the company’s stock after purchasing an additional 10,942 shares during the period. Optiver Holding B.V. owned 1.02% of Direxion Daily MSCI South Korea Bull 3x Shares worth $1,439,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the second quarter worth $1,893,000. Group One Trading LLC grew its position in Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% during the second quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock worth $207,000 after buying an additional 1,855 shares in the last quarter. Finally, Sovereign Financial Group Inc. purchased a new position in Direxion Daily MSCI South Korea Bull 3x Shares during the third quarter worth about $260,000.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Up 9.1%

NYSEARCA:KORU opened at $602.99 on Thursday. The business’s 50-day moving average price is $308.78 and its two-hundred day moving average price is $189.51. Direxion Daily MSCI South Korea Bull 3x Shares has a twelve month low of $27.16 and a twelve month high of $611.50. The stock has a market cap of $801.98 million, a P/E ratio of 9.42 and a beta of 3.65.

About Direxion Daily MSCI South Korea Bull 3x Shares

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.