Simplex Trading LLC Boosts Position in Direxion Daily Regional Banks Bull 3x Shares $DPST

Simplex Trading LLC increased its position in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 30.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 6,887 shares of the company’s stock after acquiring an additional 1,616 shares during the quarter. Simplex Trading LLC’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $597,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Preservation Advisors LLC purchased a new position in Direxion Daily Regional Banks Bull 3x Shares during the first quarter worth about $78,000. Headlands Technologies LLC acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the 1st quarter worth approximately $105,000. Lindbrook Capital LLC increased its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares by 228.6% during the 1st quarter. Lindbrook Capital LLC now owns 2,300 shares of the company’s stock worth $199,000 after buying an additional 1,600 shares during the last quarter. REDW Wealth LLC raised its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 20.0% during the 2nd quarter. REDW Wealth LLC now owns 3,000 shares of the company’s stock valued at $260,000 after buying an additional 500 shares during the period. Finally, Toth Financial Advisory Corp raised its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 12.5% during the 2nd quarter. Toth Financial Advisory Corp now owns 3,594 shares of the company’s stock valued at $312,000 after buying an additional 398 shares during the period.

Direxion Daily Regional Banks Bull 3x Shares Stock Performance

Shares of Direxion Daily Regional Banks Bull 3x Shares stock opened at $86.89 on Tuesday. The firm has a market capitalization of $853.26 million, a price-to-earnings ratio of 10.48 and a beta of 2.67. Direxion Daily Regional Banks Bull 3x Shares has a fifty-two week low of $46.00 and a fifty-two week high of $174.22. The stock has a 50 day moving average of $96.09 and a 200 day moving average of $90.83.

Direxion Daily Regional Banks Bull 3x Shares Company Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.