Virtu Financial LLC Invests $1.59 Million in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Virtu Financial LLC purchased a new stake in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 9,403 shares of the company’s stock, valued at approximately $1,586,000.

Several other hedge funds have also added to or reduced their stakes in SPXL. Larson Financial Group LLC boosted its holdings in Direxion Daily S&P 500 Bull 3X by 358.7% in the third quarter. Larson Financial Group LLC now owns 1,188 shares of the company’s stock valued at $195,000 after acquiring an additional 929 shares during the last quarter. Townsquare Capital LLC boosted its holdings in Direxion Daily S&P 500 Bull 3X by 189.6% in the third quarter. Townsquare Capital LLC now owns 5,068 shares of the company’s stock valued at $831,000 after acquiring an additional 3,318 shares during the last quarter. Insight Wealth Partners LLC lifted its stake in Direxion Daily S&P 500 Bull 3X by 11.4% in the third quarter. Insight Wealth Partners LLC now owns 35,967 shares of the company’s stock valued at $5,897,000 after buying an additional 3,689 shares during the period. CreativeOne Wealth LLC lifted its stake in Direxion Daily S&P 500 Bull 3X by 27.5% in the third quarter. CreativeOne Wealth LLC now owns 6,259 shares of the company’s stock valued at $1,026,000 after buying an additional 1,351 shares during the period. Finally, Walleye Trading LLC acquired a new position in Direxion Daily S&P 500 Bull 3X in the third quarter valued at about $248,000.

Direxion Daily S&P 500 Bull 3X Trading Down 0.1 %

NYSEARCA:SPXL opened at $145.32 on Friday. Direxion Daily S&P 500 Bull 3X has a 1-year low of $111.54 and a 1-year high of $190.34. The business’s 50-day moving average price is $169.57 and its two-hundred day moving average price is $169.69. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 23.45 and a beta of 3.12.

Direxion Daily S&P 500 Bull 3X Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.