SBI Securities Co. Ltd. Acquires 1,793 Shares of Direxion Daily S&P 500 Bull 3x Shares $SPXL

SBI Securities Co. Ltd. lifted its stake in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 149,968 shares of the company’s stock after acquiring an additional 1,793 shares during the quarter. Direxion Daily S&P 500 Bull 3x Shares comprises approximately 0.7% of SBI Securities Co. Ltd.’s holdings, making the stock its 24th largest position. SBI Securities Co. Ltd.’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $26,024,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its holdings in Direxion Daily S&P 500 Bull 3x Shares by 14.6% in the 4th quarter. Bank of America Corp DE now owns 472 shares of the company’s stock valued at $80,000 after buying an additional 60 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 57.5% during the 1st quarter. IFP Advisors Inc now owns 630 shares of the company’s stock valued at $88,000 after acquiring an additional 230 shares in the last quarter. Beacon Capital Management LLC boosted its holdings in Direxion Daily S&P 500 Bull 3x Shares by 92.6% during the second quarter. Beacon Capital Management LLC now owns 570 shares of the company’s stock valued at $99,000 after purchasing an additional 274 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 38.1% during the second quarter. Parallel Advisors LLC now owns 725 shares of the company’s stock valued at $126,000 after acquiring an additional 200 shares during the period. Finally, Main Street Group LTD boosted its position in Direxion Daily S&P 500 Bull 3x Shares by 18.6% in the second quarter. Main Street Group LTD now owns 734 shares of the company’s stock valued at $127,000 after buying an additional 115 shares in the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Stock Performance

Shares of SPXL opened at $224.16 on Wednesday. Direxion Daily S&P 500 Bull 3x Shares has a 52-week low of $87.08 and a 52-week high of $232.19. The stock has a fifty day moving average price of $211.39 and a two-hundred day moving average price of $183.23. The company has a market cap of $6.13 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.