1,242 Shares in Direxion Daily S&P 500 High Beta Bull 3X Shares $HIBL Purchased by Simplex Trading LLC

Simplex Trading LLC purchased a new stake in Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBL) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,242 shares of the company’s stock, valued at approximately $53,000. Simplex Trading LLC owned about 0.10% of Direxion Daily S&P 500 High Beta Bull 3X Shares at the end of the most recent quarter.

Separately, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Direxion Daily S&P 500 High Beta Bull 3X Shares in the 2nd quarter worth approximately $40,000.

Direxion Daily S&P 500 High Beta Bull 3X Shares Price Performance

HIBL stock opened at $53.19 on Wednesday. Direxion Daily S&P 500 High Beta Bull 3X Shares has a 12 month low of $13.94 and a 12 month high of $69.15. The firm has a market cap of $48.40 million, a PE ratio of 14.26 and a beta of 4.51. The firm has a 50 day simple moving average of $60.83 and a 200 day simple moving average of $49.10.

About Direxion Daily S&P 500 High Beta Bull 3X Shares

The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily leveraged exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBL was launched on Nov 7, 2019 and is managed by Direxion.