Verus Capital Partners LLC decreased its stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN – Free Report) by 32.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,848 shares of the company’s stock after selling 2,770 shares during the quarter. Verus Capital Partners LLC’s holdings in Direxion Daily Aerospace & Defense Bull 3X Shares were worth $303,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in DFEN. Burney Co. acquired a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares during the first quarter valued at $205,000. Headlands Technologies LLC acquired a new position in Direxion Daily Aerospace & Defense Bull 3X Shares in the 1st quarter valued at about $29,000. Virtu Financial LLC purchased a new position in Direxion Daily Aerospace & Defense Bull 3X Shares in the 1st quarter valued at about $920,000. Golden State Equity Partners acquired a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares during the 2nd quarter worth about $202,000. Finally, Next Capital Management LLC acquired a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares during the 2nd quarter worth about $208,000.
Direxion Daily Aerospace & Defense Bull 3X Shares Price Performance
NYSEARCA:DFEN opened at $67.38 on Thursday. The firm has a 50 day simple moving average of $67.12 and a 200-day simple moving average of $55.26. The firm has a market cap of $387.44 million, a PE ratio of 32.76 and a beta of 2.80. Direxion Daily Aerospace & Defense Bull 3X Shares has a 1-year low of $17.64 and a 1-year high of $79.38.
Direxion Daily Aerospace & Defense Bull 3X Shares Profile
The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.
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