Virtu Financial LLC Purchases New Shares in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Virtu Financial LLC purchased a new position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,090 shares of the exchange traded fund’s stock, valued at approximately $422,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of YINN. Signature Resources Capital Management LLC purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at $65,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the 4th quarter worth about $459,000. Viewpoint Capital Management LLC boosted its position in Direxion Daily FTSE China Bull 3X Shares by 50.8% during the 4th quarter. Viewpoint Capital Management LLC now owns 20,780 shares of the exchange traded fund’s stock worth $581,000 after acquiring an additional 7,000 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the 4th quarter worth about $644,000. Finally, Barclays PLC grew its stake in Direxion Daily FTSE China Bull 3X Shares by 6.1% during the 3rd 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 in the last quarter.

Direxion Daily FTSE China Bull 3X Shares Price Performance

NYSEARCA YINN opened at $43.09 on Thursday. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 10.86 and a beta of 1.10. The company has a 50 day simple moving average of $38.92 and a 200-day simple moving average of $33.57. Direxion Daily FTSE China Bull 3X Shares has a 52-week low of $17.81 and a 52-week high of $59.26.

Direxion Daily FTSE China Bull 3X Shares Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a $0.1149 dividend. This is an increase from Direxion Daily FTSE China Bull 3X Shares’s previous dividend of $0.03. The ex-dividend date of this dividend is Tuesday, March 25th.

About Direxion Daily FTSE China Bull 3X Shares

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.