Virtu Financial LLC Buys 16,731 Shares of Direxion Daily S&P 500 High Beta Bull 3X Shares $HIBL

Virtu Financial LLC lifted its stake in shares of Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBL) by 347.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,545 shares of the company’s stock after purchasing an additional 16,731 shares during the period. Virtu Financial LLC owned 2.66% of Direxion Daily S&P 500 High Beta Bull 3X Shares worth $1,415,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Group One Trading LLC bought a new position in Direxion Daily S&P 500 High Beta Bull 3X Shares during the fourth quarter valued at $39,000. Susquehanna International Group LLP increased its position in Direxion Daily S&P 500 High Beta Bull 3X Shares by 4.9% in the third quarter. Susquehanna International Group LLP now owns 69,556 shares of the company’s stock worth $4,104,000 after buying an additional 3,247 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Direxion Daily S&P 500 High Beta Bull 3X Shares by 131.4% in the second quarter. Tower Research Capital LLC TRC now owns 33,572 shares of the company’s stock valued at $1,443,000 after buying an additional 19,063 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Direxion Daily S&P 500 High Beta Bull 3X Shares in the second quarter valued at $1,659,000.

Direxion Daily S&P 500 High Beta Bull 3X Shares Price Performance

Shares of NYSEARCA HIBL opened at $131.09 on Friday. Direxion Daily S&P 500 High Beta Bull 3X Shares has a one year low of $35.21 and a one year high of $133.70. The business’s fifty day moving average price is $102.70 and its 200-day moving average price is $81.07. The stock has a market capitalization of $119.29 million, a PE ratio of 14.26 and a beta of 4.31.

About Direxion Daily S&P 500 High Beta Bull 3X Shares

The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily leveraged exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBL was launched on Nov 7, 2019 and is managed by Direxion.