JPMorgan Chase & Co. Raises Stock Holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares $TMF

JPMorgan Chase & Co. boosted its holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) by 117.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,998 shares of the company’s stock after purchasing an additional 86,978 shares during the period. JPMorgan Chase & Co. owned about 0.15% of Direxion Daily 20+ Year Treasury Bull 3x Shares worth $6,469,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TMF. Royal Bank of Canada lifted its stake in Direxion Daily 20+ Year Treasury Bull 3x Shares by 5.4% in the first quarter. Royal Bank of Canada now owns 24,602 shares of the company’s stock valued at $1,082,000 after purchasing an additional 1,265 shares during the last quarter. SG Americas Securities LLC raised its stake in Direxion Daily 20+ Year Treasury Bull 3x Shares by 3.2% in the 3rd quarter. SG Americas Securities LLC now owns 103,388 shares of the company’s stock valued at $4,154,000 after acquiring an additional 3,248 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the third quarter valued at about $145,000. Morse Asset Management Inc bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares during the third quarter worth about $161,000. Finally, Hollencrest Capital Management increased its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 6.1% in the second quarter. Hollencrest Capital Management now owns 82,391 shares of the company’s stock worth $3,233,000 after purchasing an additional 4,737 shares in the last quarter.

Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Performance

Shares of TMF stock opened at $36.06 on Wednesday. The firm’s 50 day moving average is $38.21 and its 200 day moving average is $39.41. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 12 month low of $33.51 and a 12 month high of $48.98.

About Direxion Daily 20+ Year 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. The Index constituent bonds are weighted by their relative amounts outstanding.