Flow Traders U.S. LLC Acquires 19,984 Shares of Direxion Daily S&P 500 Bull 3x Shares $SPXL

Flow Traders U.S. LLC boosted its holdings in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 85.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,378 shares of the company’s stock after buying an additional 19,984 shares during the quarter. Flow Traders U.S. LLC owned 0.16% of Direxion Daily S&P 500 Bull 3x Shares worth $9,192,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE grew its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 14.6% in the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock worth $80,000 after acquiring an additional 60 shares during the period. Goldman Sachs Group Inc. lifted its position in Direxion Daily S&P 500 Bull 3x Shares by 389.6% during the first quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock valued at $17,643,000 after purchasing an additional 100,000 shares during the period. AE Wealth Management LLC lifted its position in Direxion Daily S&P 500 Bull 3x Shares by 29.0% during the second quarter. AE Wealth Management LLC now owns 1,299 shares of the company’s stock valued at $225,000 after purchasing an additional 292 shares during the period. FSA Wealth Management LLC purchased a new stake in Direxion Daily S&P 500 Bull 3x Shares in the second quarter worth approximately $54,000. Finally, Empowered Funds LLC boosted its holdings in Direxion Daily S&P 500 Bull 3x Shares by 372.2% in the second quarter. Empowered Funds LLC now owns 19,199 shares of the company’s stock worth $3,332,000 after purchasing an additional 15,133 shares during the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Trading Down 1.8%

NYSEARCA:SPXL opened at $196.35 on Monday. The company has a market cap of $4.92 billion, a PE ratio of 25.10 and a beta of 3.03. The company has a 50 day simple moving average of $222.01 and a two-hundred day simple moving average of $216.55. Direxion Daily S&P 500 Bull 3x Shares has a 12 month low of $87.08 and a 12 month high of $234.09.

Direxion Daily S&P 500 Bull 3x Shares Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.