Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Shares Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise raised its position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Get Rating) by 47.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,923 shares of the exchange traded fund’s stock after purchasing an additional 10,586 shares during the period. Banque Cantonale Vaudoise owned 0.06% of Direxion Daily Technology Bull 3X Shares worth $728,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lido Advisors LLC boosted its stake in Direxion Daily Technology Bull 3X Shares by 5.2% during the 3rd quarter. Lido Advisors LLC now owns 10,110 shares of the exchange traded fund’s stock valued at $217,000 after purchasing an additional 500 shares during the period. Captrust Financial Advisors boosted its stake in Direxion Daily Technology Bull 3X Shares by 878.0% during the 1st quarter. Captrust Financial Advisors now owns 978 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 878 shares during the period. Worth Asset Management LLC acquired a new position in Direxion Daily Technology Bull 3X Shares during the 1st quarter valued at about $66,000. Citigroup Inc. boosted its stake in Direxion Daily Technology Bull 3X Shares by 63.1% during the 1st quarter. Citigroup Inc. now owns 5,220 shares of the exchange traded fund’s stock valued at $321,000 after purchasing an additional 2,020 shares during the period. Finally, Bank of America Corp DE boosted its stake in Direxion Daily Technology Bull 3X Shares by 263.6% during the 1st quarter. Bank of America Corp DE now owns 4,181 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 3,031 shares during the period.

Direxion Daily Technology Bull 3X Shares Trading Up 11.5 %

TECL stock opened at $42.99 on Friday. Direxion Daily Technology Bull 3X Shares has a 52 week low of $18.09 and a 52 week high of $46.44. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 22.94 and a beta of 3.54. The firm’s 50-day moving average is $35.78 and its two-hundred day moving average is $30.05.

About Direxion Daily Technology Bull 3X Shares

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The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.