Farther Finance Advisors LLC Invests $37,000 in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE)

Farther Finance Advisors LLC purchased a new stake in shares of Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 275 shares of the company’s stock, valued at approximately $37,000.

Separately, Traynor Capital Management Inc. lifted its holdings in shares of Direxion Daily Healthcare Bull 3x Shares by 0.9% during the second quarter. Traynor Capital Management Inc. now owns 10,799 shares of the company’s stock valued at $1,261,000 after purchasing an additional 100 shares in the last quarter.

Direxion Daily Healthcare Bull 3x Shares Stock Down 4.7 %

CURE opened at $107.90 on Friday. The stock has a market capitalization of $183.43 million, a price-to-earnings ratio of 24.93 and a beta of 1.58. The firm has a 50 day moving average price of $127.48 and a 200-day moving average price of $122.98. Direxion Daily Healthcare Bull 3x Shares has a twelve month low of $84.28 and a twelve month high of $143.51.

Direxion Daily Healthcare Bull 3x Shares Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.