Simplex Trading LLC Has $172,000 Holdings in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

Simplex Trading LLC decreased its stake in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 74.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,579 shares of the exchange traded fund’s stock after selling 7,478 shares during the quarter. Simplex Trading LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $172,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Signaturefd LLC raised its stake in shares of Direxion Daily Technology Bull 3X Shares by 100.0% in the 4th quarter. Signaturefd LLC now owns 500 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 250 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 4th quarter valued at about $95,000. Tucker Asset Management LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 3rd quarter valued at about $188,000. Barclays PLC boosted its position in shares of Direxion Daily Technology Bull 3X Shares by 19.4% during the 3rd quarter. Barclays PLC now owns 6,810 shares of the exchange traded fund’s stock valued at $293,000 after acquiring an additional 1,107 shares in the last quarter. Finally, Pathstone Family Office LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 3rd quarter valued at about $452,000.

Direxion Daily Technology Bull 3X Shares Stock Performance

Shares of Direxion Daily Technology Bull 3X Shares stock opened at $73.97 on Friday. The firm’s 50-day simple moving average is $75.68 and its 200-day simple moving average is $68.24. Direxion Daily Technology Bull 3X Shares has a twelve month low of $35.47 and a twelve month high of $85.53. The firm has a market cap of $3.14 billion, a P/E ratio of 50.15 and a beta of 4.03.

Direxion Daily Technology Bull 3X Shares Company Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.