Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Shares Pass Above 200 Day Moving Average of $88.55

Shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FASGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $88.55 and traded as high as $111.98. Direxion Daily Financial Bull 3X Shares shares last traded at $110.32, with a volume of 480,767 shares traded.

Direxion Daily Financial Bull 3X Shares Price Performance

The stock has a 50-day moving average of $103.96 and a 200-day moving average of $88.97.

Hedge Funds Weigh In On Direxion Daily Financial Bull 3X Shares

Several large investors have recently made changes to their positions in the business. Simplex Trading LLC lifted its holdings in shares of Direxion Daily Financial Bull 3X Shares by 322.4% during the first quarter. Simplex Trading LLC now owns 128,864 shares of the real estate investment trust’s stock valued at $14,458,000 after purchasing an additional 98,356 shares during the last quarter. Jane Street Group LLC raised its position in Direxion Daily Financial Bull 3X Shares by 4.1% in the 1st quarter. Jane Street Group LLC now owns 64,730 shares of the real estate investment trust’s stock worth $7,263,000 after buying an additional 2,539 shares during the last quarter. Pathstone Family Office LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 3rd quarter valued at about $1,232,000. IMC Chicago LLC purchased a new stake in Direxion Daily Financial Bull 3X Shares in the fourth quarter worth approximately $1,494,000. Finally, Toth Financial Advisory Corp increased its position in Direxion Daily Financial Bull 3X Shares by 134.9% during the first quarter. Toth Financial Advisory Corp now owns 12,325 shares of the real estate investment trust’s stock valued at $1,383,000 after acquiring an additional 7,078 shares during the last quarter. 3.51% of the stock is currently owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Company Profile

(Get Free Report)

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.

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