SBI Securities Co. Ltd. Purchases New Stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

SBI Securities Co. Ltd. purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 33,964 shares of the company’s stock, valued at approximately $3,731,000. SBI Securities Co. Ltd. owned about 0.34% of Direxion Daily Regional Banks Bull 3x Shares as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in DPST. KG&L Capital Management LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter valued at about $936,000. Toth Financial Advisory Corp boosted its holdings in Direxion Daily Regional Banks Bull 3x Shares by 40.6% during the fourth quarter. Toth Financial Advisory Corp now owns 12,723 shares of the company’s stock worth $1,398,000 after buying an additional 3,676 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $349,000. Verus Capital Partners LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $252,000. Finally, Safe Harbor Fiduciary LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $48,000.

Direxion Daily Regional Banks Bull 3x Shares Trading Up 3.8 %

Shares of DPST opened at $114.30 on Friday. Direxion Daily Regional Banks Bull 3x Shares has a 1 year low of $56.46 and a 1 year high of $174.22. The stock has a market cap of $716.66 million, a P/E ratio of 12.97 and a beta of 2.95. The stock’s 50-day moving average price is $118.55 and its two-hundred day moving average price is $116.75.

Direxion Daily Regional Banks Bull 3x Shares Profile

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.