Wealth Enhancement Advisory Services LLC Makes New $1.04 Million Investment in Direxion Daily MSCI South Korea Bull 3x Shares $KORU

Wealth Enhancement Advisory Services LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,723 shares of the company’s stock, valued at approximately $1,039,000. Wealth Enhancement Advisory Services LLC owned about 0.45% of Direxion Daily MSCI South Korea Bull 3x Shares as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sovereign Financial Group Inc. increased its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% during the fourth quarter. Sovereign Financial Group Inc. now owns 4,068 shares of the company’s stock worth $739,000 after acquiring an additional 1,610 shares during the last quarter. Group One Trading LLC increased its stake 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 acquiring an additional 1,855 shares during the last quarter. Optiver Holding B.V. increased its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 408.0% during the third quarter. Optiver Holding B.V. now owns 13,624 shares of the company’s stock worth $1,439,000 after acquiring an additional 10,942 shares during the last quarter. Susquehanna International Group LLP increased its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 55.3% during the third quarter. Susquehanna International Group LLP now owns 52,480 shares of the company’s stock worth $5,541,000 after acquiring an additional 18,682 shares during the last quarter. Finally, Virtu Financial LLC increased its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 292.8% during the third quarter. Virtu Financial LLC now owns 28,154 shares of the company’s stock worth $2,972,000 after acquiring an additional 20,986 shares during the last quarter.

Direxion Daily MSCI South Korea Bull 3x Shares Stock Up 7.0%

KORU stock opened at $302.06 on Tuesday. The business has a fifty day moving average of $388.57 and a two-hundred day moving average of $245.73. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 9.42 and a beta of 3.65. Direxion Daily MSCI South Korea Bull 3x Shares has a 52-week low of $27.16 and a 52-week high of $665.40.

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.