567,115 Shares in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Acquired by IMC Chicago LLC

IMC Chicago LLC bought a new position in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 567,115 shares of the exchange traded fund’s stock, valued at approximately $15,845,000. IMC Chicago LLC owned 1.27% of Direxion Daily FTSE China Bull 3X Shares at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Signature Resources Capital Management LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the fourth quarter worth approximately $65,000. Covestor Ltd acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at approximately $88,000. Strategic Wealth Investment Group LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at approximately $860,000. Barclays PLC grew its stake in Direxion Daily FTSE China Bull 3X Shares by 6.1% in the third quarter. Barclays PLC now owns 24,438 shares of the exchange traded fund’s stock valued at $902,000 after acquiring an additional 1,400 shares during the period. Finally, Flow Traders U.S. LLC grew its stake in Direxion Daily FTSE China Bull 3X Shares by 131.6% in the third quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock valued at $1,846,000 after acquiring an additional 28,404 shares during the period.

Direxion Daily FTSE China Bull 3X Shares Stock Performance

Shares of Direxion Daily FTSE China Bull 3X Shares stock opened at $32.22 on Friday. Direxion Daily FTSE China Bull 3X Shares has a 52 week low of $15.08 and a 52 week high of $59.26. The stock has a 50 day moving average price of $28.53 and a two-hundred day moving average price of $28.30. The stock has a market capitalization of $1.44 billion, a PE ratio of 4.13 and a beta of 2.93.

Direxion Daily FTSE China Bull 3X Shares Company Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.