Bogart Wealth LLC Purchases Shares of 500 Direxion Daily Financial Bull 3X Shares $FAS

Bogart Wealth LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 500 shares of the real estate investment trust’s stock, valued at approximately $84,000.

Several other institutional investors have also added to or reduced their stakes in FAS. LPL Financial LLC boosted its position in Direxion Daily Financial Bull 3X Shares by 651.8% during the first quarter. LPL Financial LLC now owns 46,469 shares of the real estate investment trust’s stock valued at $7,348,000 after buying an additional 40,288 shares during the period. Ethos Financial Group LLC purchased a new stake in Direxion Daily Financial Bull 3X Shares during the first quarter valued at about $891,000. Phoenix Financial Ltd. purchased a new stake in Direxion Daily Financial Bull 3X Shares during the first quarter valued at about $648,000. XTX Topco Ltd purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the first quarter worth about $322,000. Finally, Ieq Capital LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the first quarter worth about $221,000. 3.51% of the stock is currently owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Trading Down 0.4%

Direxion Daily Financial Bull 3X Shares stock opened at $164.88 on Wednesday. The firm has a 50-day moving average of $173.38 and a 200-day moving average of $159.66. The firm has a market cap of $2.68 billion, a P/E ratio of 15.11 and a beta of 3.10. Direxion Daily Financial Bull 3X Shares has a 1-year low of $92.66 and a 1-year high of $189.23.

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.