Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC Shares Purchased by PMV Capital Advisers LLC

PMV Capital Advisers LLC raised its position in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) by 422.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,282 shares of the company’s stock after buying an additional 5,887 shares during the period. Direxion Daily MSCI Emerging Markets Bull 3X Shares makes up about 0.7% of PMV Capital Advisers LLC’s holdings, making the stock its 20th biggest holding. PMV Capital Advisers LLC’s holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares were worth $408,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EDC. Great Hill Capital LLC acquired a new stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the third quarter valued at about $528,000. Virtu Financial LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares in the fourth quarter worth about $1,693,000. Millington Financial Advisors LLC lifted its stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 34.9% in the fourth quarter. Millington Financial Advisors LLC now owns 9,129 shares of the company’s stock worth $498,000 after acquiring an additional 2,361 shares in the last quarter. Covestor Ltd boosted its holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 267.2% in the fourth quarter. Covestor Ltd now owns 1,656 shares of the company’s stock valued at $90,000 after purchasing an additional 1,205 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the first quarter valued at about $604,000.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Price Performance

Shares of NYSEARCA EDC opened at $100.38 on Monday. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a fifty-two week low of $34.72 and a fifty-two week high of $102.93. The business has a 50 day moving average price of $84.00 and a two-hundred day moving average price of $69.85. The firm has a market cap of $253.96 million, a PE ratio of 15.39 and a beta of 2.18.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.