Garden State Investment Advisory Services LLC Cuts Stock Position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Garden State Investment Advisory Services LLC trimmed its position in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 36.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,933 shares of the exchange traded fund’s stock after selling 4,036 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $256,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in YINN. Gateway Advisory LLC increased its position in shares of Direxion Daily FTSE China Bull 3X Shares by 20.0% during the second quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 3,000 shares in the last quarter. Strategic Wealth Investment Group LLC purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the third quarter worth approximately $860,000. Covestor Ltd purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the third quarter worth approximately $88,000. Finally, Flow Traders U.S. LLC increased its position in shares of Direxion Daily FTSE China Bull 3X Shares by 131.6% during the third quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock worth $1,846,000 after purchasing an additional 28,404 shares in the last quarter.

Direxion Daily FTSE China Bull 3X Shares Stock Up 0.8 %

Shares of NYSEARCA:YINN opened at $28.01 on Tuesday. The business has a fifty day moving average of $34.35 and a two-hundred day moving average of $27.13. The stock has a market cap of $1.25 billion, a P/E ratio of 4.13 and a beta of 2.93. Direxion Daily FTSE China Bull 3X Shares has a 52-week low of $13.40 and a 52-week 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.