Direxion Daily Homebuilders & Supplies Bull 3x Shares $NAIL Shares Sold by IMC Chicago LLC

IMC Chicago LLC lessened its position in Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) by 89.6% during the first quarter, Holdings Channel reports. The institutional investor owned 38,815 shares of the company’s stock after selling 335,100 shares during the quarter. IMC Chicago LLC’s holdings in Direxion Daily Homebuilders & Supplies Bull 3x Shares were worth $1,473,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NAIL. JPMorgan Chase & Co. bought a new position in Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter valued at about $558,000. FNY Investment Advisers LLC acquired a new stake in Direxion Daily Homebuilders & Supplies Bull 3x Shares in the 3rd quarter valued at about $1,102,000. Finally, Jump Financial LLC bought a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the 3rd quarter valued at about $2,060,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Price Performance

Shares of NAIL opened at $42.24 on Thursday. The firm’s 50 day moving average is $41.31 and its 200-day moving average is $49.58. The stock has a market capitalization of $591.36 million, a P/E ratio of 9.25 and a beta of 3.83. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a 12-month low of $29.63 and a 12-month high of $99.01.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Profile

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.