Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF – Get Free Report) shares traded down 1.5% during mid-day trading on Monday . The stock traded as low as $33.93 and last traded at $33.97. 2,576,782 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 5,191,821 shares. The stock had previously closed at $34.47.
Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Down 1.5%
The company has a 50 day moving average of $35.18 and a 200-day moving average of $37.37.
Hedge Funds Weigh In On Direxion Daily 20+ Year Treasury Bull 3x Shares
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TMF. Group One Trading LLC raised its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 8,283.8% during the 4th quarter. Group One Trading LLC now owns 206,075 shares of the company’s stock worth $7,691,000 after buying an additional 203,617 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares during the 4th quarter worth $6,994,000. Optiver Holding B.V. acquired a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares during the 1st quarter worth $3,803,000. JPMorgan Chase & Co. raised its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 117.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 160,998 shares of the company’s stock worth $6,469,000 after buying an additional 86,978 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares during the 2nd quarter worth $2,786,000.
About Direxion Daily 20+ Year Treasury Bull 3x Shares
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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