Direxion Daily Homebuilders & Supplies Bull 3x Shares $NAIL Shares Sold by IMC Chicago LLC

IMC Chicago LLC decreased its holdings in Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) by 89.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,815 shares of the company’s stock after selling 335,100 shares during the quarter. IMC Chicago LLC owned 0.30% of Direxion Daily Homebuilders & Supplies Bull 3x Shares worth $1,473,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter valued at about $558,000. FNY Investment Advisers LLC bought a new position in Direxion Daily Homebuilders & Supplies Bull 3x Shares in the 3rd quarter valued at about $1,102,000. Finally, Jump Financial LLC bought a new position in Direxion Daily Homebuilders & Supplies Bull 3x Shares in the 3rd quarter valued at about $2,060,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Trading Up 2.5%

Direxion Daily Homebuilders & Supplies Bull 3x Shares stock opened at $42.24 on Thursday. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a 52 week low of $29.63 and a 52 week high of $99.01. The stock has a market cap of $591.36 million, a price-to-earnings ratio of 9.25 and a beta of 3.83. The company’s 50-day moving average price is $41.31 and its two-hundred day moving average price is $49.58.

About Direxion Daily Homebuilders & Supplies Bull 3x Shares

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.