Direxion Daily S&P 500 Bull 3x Shares $SPXL Shares Sold by Group One Trading LLC

Group One Trading LLC cut its stake in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 53.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,218 shares of the company’s stock after selling 24,274 shares during the period. Group One Trading LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $4,496,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of 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 worth $80,000 after acquiring an additional 60 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in Direxion Daily S&P 500 Bull 3x Shares during the third quarter worth $26,000. Millington Financial Advisors LLC grew its holdings in Direxion Daily S&P 500 Bull 3x Shares by 4.8% in the second quarter. Millington Financial Advisors LLC now owns 4,108 shares of the company’s stock valued at $765,000 after purchasing an additional 187 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 4.1% in the third quarter. Citizens Financial Group Inc. RI now owns 5,395 shares of the company’s stock valued at $1,143,000 after buying an additional 210 shares in the last quarter. Finally, Cresset Asset Management LLC raised its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 7.0% during the 2nd quarter. Cresset Asset Management LLC now owns 3,435 shares of the company’s stock worth $598,000 after buying an additional 225 shares during the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Stock Down 1.6%

Direxion Daily S&P 500 Bull 3x Shares stock opened at $214.89 on Friday. The firm has a market capitalization of $5.38 billion, a PE ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 52 week low of $87.08 and a 52 week high of $234.09. The firm’s 50-day simple moving average is $224.22 and its 200 day simple moving average is $215.58.

Direxion Daily S&P 500 Bull 3x Shares 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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.