EverSource Wealth Advisors LLC Acquires Shares of 11,348 Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC)

EverSource Wealth Advisors LLC bought a new stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 11,348 shares of the company’s stock, valued at approximately $326,000. EverSource Wealth Advisors LLC owned about 0.42% of Direxion Daily MSCI Emerging Markets Bull 3X Shares as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in EDC. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the fourth quarter worth $163,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the 4th quarter worth about $262,000. Flow Traders U.S. LLC increased its stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 12.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 64,893 shares of the company’s stock valued at $2,464,000 after acquiring an additional 7,274 shares during the last quarter. Virtu Financial LLC raised its position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 57.2% in the 3rd quarter. Virtu Financial LLC now owns 75,880 shares of the company’s stock valued at $2,881,000 after acquiring an additional 27,602 shares during the period. Finally, Tidal Investments LLC bought a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares during the 3rd quarter worth approximately $7,643,000.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Performance

Shares of NYSEARCA:EDC opened at $33.34 on Friday. The company has a market capitalization of $76.02 million, a PE ratio of 14.33 and a beta of 2.18. The company has a 50 day moving average price of $31.02 and a two-hundred day moving average price of $32.56. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 52 week low of $25.01 and a 52 week high of $41.94.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.