SBI Securities Co. Ltd. Makes New Investment in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

SBI Securities Co. Ltd. bought a new position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 16,416 shares of the exchange traded fund’s stock, valued at approximately $459,000.

A number of other institutional investors have also recently made changes to their positions in YINN. Signature Resources Capital Management LLC bought a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the 4th quarter worth $65,000. Covestor Ltd bought a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter worth $88,000. Viewpoint Capital Management LLC increased its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 50.8% in the 4th quarter. Viewpoint Capital Management LLC now owns 20,780 shares of the exchange traded fund’s stock worth $581,000 after buying an additional 7,000 shares during the last quarter. Barclays PLC increased its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 6.1% in the 3rd quarter. Barclays PLC now owns 24,438 shares of the exchange traded fund’s stock worth $902,000 after buying an additional 1,400 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 131.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock worth $1,846,000 after buying an additional 28,404 shares during the last quarter.

Direxion Daily FTSE China Bull 3X Shares Price Performance

Shares of NYSEARCA:YINN opened at $40.16 on Wednesday. The company’s fifty day moving average price is $32.60 and its 200-day moving average price is $30.90. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 12.60 and a beta of 1.06. Direxion Daily FTSE China Bull 3X Shares has a one year low of $17.02 and a one year high of $59.26.

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.