SBI Securities Co. Ltd. reduced its position in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report) by 3.1% in the 1st quarter, Holdings Channel reports. The firm owned 32,926 shares of the company’s stock after selling 1,038 shares during the period. SBI Securities Co. Ltd.’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $2,851,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. REDW Wealth LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the first quarter worth $216,000. Vienna Asset Management LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth $275,000. Baker Avenue Asset Management LP bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth $439,000. Boothbay Fund Management LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth $5,921,000. Finally, Two Sigma Securities LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth $218,000.
Direxion Daily Regional Banks Bull 3x Shares Stock Up 3.3%
Shares of Direxion Daily Regional Banks Bull 3x Shares stock opened at $105.37 on Tuesday. Direxion Daily Regional Banks Bull 3x Shares has a twelve month low of $46.00 and a twelve month high of $174.22. The stock has a market cap of $740.12 million, a price-to-earnings ratio of 10.48 and a beta of 2.99. The company’s fifty day moving average is $84.18 and its 200 day moving average is $92.00.
About Direxion Daily Regional Banks Bull 3x Shares
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.
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Want to see what other hedge funds are holding DPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report).
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