Direxion Daily Financial Bull 3X Shares $FAS Holdings Trimmed by Virtu Financial LLC

Virtu Financial LLC reduced its position in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 58.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,214 shares of the real estate investment trust’s stock after selling 14,472 shares during the quarter. Virtu Financial LLC owned 0.07% of Direxion Daily Financial Bull 3X Shares worth $1,719,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FAS. Morse Asset Management Inc boosted its position in shares of Direxion Daily Financial Bull 3X Shares by 31.9% in the third quarter. Morse Asset Management Inc now owns 327 shares of the real estate investment trust’s stock worth $58,000 after buying an additional 79 shares during the period. Bogart Wealth LLC lifted its stake in Direxion Daily Financial Bull 3X Shares by 14.3% in the 4th quarter. Bogart Wealth LLC now owns 800 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 100 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Direxion Daily Financial Bull 3X Shares by 154.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,023 shares of the real estate investment trust’s stock worth $172,000 after acquiring an additional 621 shares in the last quarter. Cresset Asset Management LLC acquired a new stake in Direxion Daily Financial Bull 3X Shares during the 3rd quarter worth about $202,000. Finally, J.W. Cole Advisors Inc. boosted its position in Direxion Daily Financial Bull 3X Shares by 7.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 1,246 shares of the real estate investment trust’s stock worth $210,000 after acquiring an additional 87 shares during the period. Hedge funds and other institutional investors own 3.51% of the company’s stock.

Direxion Daily Financial Bull 3X Shares Price Performance

NYSEARCA:FAS opened at $146.37 on Friday. Direxion Daily Financial Bull 3X Shares has a fifty-two week low of $106.90 and a fifty-two week high of $184.74. The stock’s 50-day moving average is $135.76 and its two-hundred day moving average is $144.00. The stock has a market cap of $2.28 billion, a PE ratio of 15.11 and a beta of 2.61.

Direxion Daily Financial Bull 3X Shares Company Profile

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. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending.