Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Shares Purchased by Signaturefd LLC

Signaturefd LLC raised its position in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 100.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 500 shares of the exchange traded fund’s stock after purchasing an additional 250 shares during the quarter. Signaturefd LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $33,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Oxinas Partners Wealth Management LLC lifted its position in shares of Direxion Daily Technology Bull 3X Shares by 39.3% during the fourth quarter. Oxinas Partners Wealth Management LLC now owns 21,622 shares of the exchange traded fund’s stock worth $1,442,000 after purchasing an additional 6,100 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in Direxion Daily Technology Bull 3X Shares during the 4th quarter worth approximately $95,000. Tucker Asset Management LLC purchased a new position in Direxion Daily Technology Bull 3X Shares in the 3rd quarter valued at approximately $188,000. EP Wealth Advisors LLC grew its stake in shares of Direxion Daily Technology Bull 3X Shares by 61.9% in the third quarter. EP Wealth Advisors LLC now owns 43,570 shares of the exchange traded fund’s stock worth $1,877,000 after acquiring an additional 16,653 shares in the last quarter. Finally, Bank of Nova Scotia purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares during the third quarter worth $861,000.

Direxion Daily Technology Bull 3X Shares Trading Up 8.2 %

Shares of NYSEARCA TECL opened at $71.72 on Friday. The stock has a market cap of $3.04 billion, a P/E ratio of 50.15 and a beta of 4.03. The business’s fifty day simple moving average is $76.04 and its 200-day simple moving average is $67.44. Direxion Daily Technology Bull 3X Shares has a 12-month low of $33.68 and a 12-month high of $85.53.

Direxion Daily Technology Bull 3X Shares Company Profile

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.