Hillsdale Investment Management Inc. Grows Stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Hillsdale Investment Management Inc. boosted its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 64.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,823 shares of the company’s stock after buying an additional 2,685 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $273,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IMG Wealth Management Inc. purchased a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 4th quarter valued at $25,000. Farther Finance Advisors LLC acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter valued at about $43,000. Hollencrest Capital Management acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter valued at about $3,040,000. SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter worth about $25,384,000. Finally, Capital Investment Counsel Inc boosted its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 41.2% during the fourth quarter. Capital Investment Counsel Inc now owns 26,400 shares of the company’s stock worth $1,055,000 after acquiring an additional 7,700 shares during the last quarter.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Down 3.2 %

TMF stock opened at $42.69 on Tuesday. The firm has a 50-day moving average of $42.27 and a two-hundred day moving average of $46.69. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12 month low of $36.51 and a 12 month high of $64.98.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.