Direxion Daily S&P 500 Bull 3x Shares $SPXL Stock Position Lifted by Insight Wealth Partners LLC

Insight Wealth Partners LLC lifted its stake in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 346.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,614 shares of the company’s stock after buying an additional 89,717 shares during the period. Direxion Daily S&P 500 Bull 3x Shares makes up approximately 7.8% of Insight Wealth Partners LLC’s holdings, making the stock its 2nd largest holding. Insight Wealth Partners LLC owned about 0.38% of Direxion Daily S&P 500 Bull 3x Shares worth $20,062,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 14.6% in the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock worth $80,000 after buying an additional 60 shares during the period. Main Street Group LTD increased its holdings in Direxion Daily S&P 500 Bull 3x Shares by 18.6% during the 2nd quarter. Main Street Group LTD now owns 734 shares of the company’s stock valued at $127,000 after purchasing an additional 115 shares during the period. Parallel Advisors LLC increased its holdings in Direxion Daily S&P 500 Bull 3x Shares by 38.1% during the 2nd quarter. Parallel Advisors LLC now owns 725 shares of the company’s stock valued at $126,000 after purchasing an additional 200 shares during the period. IFP Advisors Inc increased its holdings in Direxion Daily S&P 500 Bull 3x Shares by 57.5% during the 1st quarter. IFP Advisors Inc now owns 630 shares of the company’s stock valued at $88,000 after purchasing an additional 230 shares during the period. Finally, Beacon Capital Management LLC increased its holdings in Direxion Daily S&P 500 Bull 3x Shares by 92.6% during the 2nd quarter. Beacon Capital Management LLC now owns 570 shares of the company’s stock valued at $99,000 after purchasing an additional 274 shares during the period.

Direxion Daily S&P 500 Bull 3x Shares Price Performance

Shares of NYSEARCA:SPXL opened at $220.00 on Friday. Direxion Daily S&P 500 Bull 3x Shares has a 1 year low of $87.08 and a 1 year high of $221.28. The company has a market cap of $5.79 billion, a PE ratio of 25.10 and a beta of 3.08. The stock’s 50-day moving average is $203.99 and its 200 day moving average is $172.86.

About Direxion Daily S&P 500 Bull 3x Shares

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.