Optiver Holding B.V. Increases Stock Holdings in Direxion Daily S&P 500 Bull 3x Shares $SPXL

Optiver Holding B.V. raised its position in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 88.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 31,380 shares of the company’s stock after purchasing an additional 14,700 shares during the quarter. Optiver Holding B.V.’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $5,802,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Wealth Watch Advisors INC lifted its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 89.7% in the 1st quarter. Wealth Watch Advisors INC now owns 1,973 shares of the company’s stock worth $365,000 after purchasing an additional 933 shares during the period. Parallel Advisors LLC grew its position in Direxion Daily S&P 500 Bull 3x Shares by 44.4% during the first quarter. Parallel Advisors LLC now owns 325 shares of the company’s stock valued at $60,000 after buying an additional 100 shares during the period. Main Street Group LTD bought a new stake in Direxion Daily S&P 500 Bull 3x Shares during the first quarter valued at approximately $136,000. J. Safra Sarasin Holding AG increased its holdings in Direxion Daily S&P 500 Bull 3x Shares by 82.0% during the first quarter. J. Safra Sarasin Holding AG now owns 36,400 shares of the company’s stock valued at $6,730,000 after buying an additional 16,400 shares during the last quarter. Finally, Summit Financial Strategies Inc. increased its holdings in Direxion Daily S&P 500 Bull 3x Shares by 75.0% during the first quarter. Summit Financial Strategies Inc. now owns 2,891 shares of the company’s stock valued at $535,000 after buying an additional 1,239 shares during the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Trading Up 2.0%

SPXL opened at $268.20 on Friday. The firm’s 50 day simple moving average is $269.58 and its two-hundred day simple moving average is $239.83. The company has a market capitalization of $6.71 billion, a PE ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 1-year low of $168.04 and a 1-year high of $289.00.

Direxion Daily S&P 500 Bull 3x Shares Company 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.