PMV Capital Advisers LLC Boosts Stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC

PMV Capital Advisers LLC grew its position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) by 422.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,282 shares of the company’s stock after acquiring an additional 5,887 shares during the quarter. Direxion Daily MSCI Emerging Markets Bull 3X Shares comprises 0.7% of PMV Capital Advisers LLC’s portfolio, making the stock its 20th biggest position. PMV Capital Advisers LLC owned about 0.29% of Direxion Daily MSCI Emerging Markets Bull 3X Shares worth $408,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Great Hill Capital LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares in the 3rd quarter valued at about $528,000. Virtu Financial LLC acquired a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares during the 4th quarter worth approximately $1,693,000. Millington Financial Advisors LLC increased its position in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 34.9% during the 4th quarter. Millington Financial Advisors LLC now owns 9,129 shares of the company’s stock worth $498,000 after purchasing an additional 2,361 shares in the last quarter. Covestor Ltd increased its position in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 267.2% during the 4th quarter. Covestor Ltd now owns 1,656 shares of the company’s stock worth $90,000 after purchasing an additional 1,205 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the first quarter valued at approximately $604,000.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Performance

NYSEARCA EDC opened at $100.38 on Monday. The firm has a market capitalization of $253.96 million, a price-to-earnings ratio of 15.39 and a beta of 2.18. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a one year low of $34.72 and a one year high of $102.93. The company’s 50 day moving average price is $84.00 and its 200 day moving average price is $69.85.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.