Simplex Trading LLC acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bull 3X ETF (NYSEARCA:TMF – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 531,598 shares of the company’s stock, valued at approximately $13,651,000.
Several other institutional investors also recently modified their holdings of the business. Cassaday & Co Wealth Management LLC bought a new stake in Direxion Daily 20+ Year Treasury Bull 3X ETF in the 1st quarter worth about $25,000. Parallel Advisors LLC purchased a new position in Direxion Daily 20+ Year Treasury Bull 3X ETF in the 3rd quarter worth about $39,000. SBI Securities Co. Ltd. lifted its stake in Direxion Daily 20+ Year Treasury Bull 3X ETF by 1.6% during the 3rd quarter. SBI Securities Co. Ltd. now owns 438,799 shares of the company’s stock valued at $11,268,000 after acquiring an additional 6,857 shares during the period. NewEdge Advisors LLC lifted its stake in Direxion Daily 20+ Year Treasury Bull 3X ETF by 1,936.3% during the 2nd quarter. NewEdge Advisors LLC now owns 7,901 shares of the company’s stock valued at $281,000 after acquiring an additional 7,513 shares during the period. Finally, Royal Bank of Canada lifted its stake in Direxion Daily 20+ Year Treasury Bull 3X ETF by 56.3% during the 1st quarter. Royal Bank of Canada now owns 42,029 shares of the company’s stock valued at $1,516,000 after acquiring an additional 15,134 shares during the period.
Direxion Daily 20+ Year Treasury Bull 3X ETF Stock Up 0.1%
Shares of NYSEARCA TMF opened at $30.23 on Tuesday. The firm’s 50-day moving average price is $28.56 and its 200-day moving average price is $33.61. Direxion Daily 20+ Year Treasury Bull 3X ETF has a 52-week low of $24.52 and a 52-week high of $41.97.
Direxion Daily 20+ Year Treasury Bull 3X ETF Profile
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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