Optiver Holding B.V. lifted its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL – Free Report) by 88.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,380 shares of the company’s stock after buying an additional 14,700 shares during the period. Optiver Holding B.V. owned approximately 0.13% of Direxion Daily S&P 500 Bull 3x Shares worth $5,802,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of SPXL. Newbridge Financial Services Group Inc. raised its position in Direxion Daily S&P 500 Bull 3x Shares by 384.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 155 shares of the company’s stock worth $33,000 after buying an additional 123 shares during the last quarter. Halbert Hargrove Global Advisors LLC grew its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 54.5% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 187 shares of the company’s stock worth $35,000 after acquiring an additional 66 shares during the period. Parallel Advisors LLC grew its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 44.4% in the first quarter. Parallel Advisors LLC now owns 325 shares of the company’s stock worth $60,000 after acquiring an additional 100 shares during the period. Quattro Advisors LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 3x Shares during the fourth quarter valued at approximately $64,000. Finally, Bank of America Corp DE raised its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 14.6% during the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock valued at $80,000 after purchasing an additional 60 shares during the last quarter.
Direxion Daily S&P 500 Bull 3x Shares Stock Up 2.0%
Shares of Direxion Daily S&P 500 Bull 3x Shares stock opened at $268.20 on Friday. Direxion Daily S&P 500 Bull 3x Shares has a twelve month low of $168.04 and a twelve month high of $289.00. The company’s 50 day moving average is $269.58 and its 200 day moving average is $239.83. The company has a market cap of $6.71 billion, a price-to-earnings ratio of 25.10 and a beta of 3.03.
Direxion Daily S&P 500 Bull 3x Shares Company Profile
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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.
Further Reading
- Five stocks we like better than Direxion Daily S&P 500 Bull 3x Shares
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Want to see what other hedge funds are holding SPXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL – Free Report).
Receive News & Ratings for Direxion Daily S&P 500 Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P 500 Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
