Tidal Investments LLC bought a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 201,280 shares of the company’s stock, valued at approximately $7,643,000. Tidal Investments LLC owned about 7.51% of Direxion Daily MSCI Emerging Markets Bull 3X Shares as of its most recent filing with the Securities & Exchange Commission.
Separately, Flow Traders U.S. LLC raised its stake in 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 purchasing an additional 7,274 shares during the last quarter.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Down 1.1 %
EDC stock opened at $32.22 on Friday. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 52-week low of $24.21 and a 52-week high of $41.94. The stock’s fifty day simple moving average is $34.16 and its 200-day simple moving average is $33.44. The stock has a market capitalization of $86.35 million, a price-to-earnings ratio of 12.03 and a beta of 2.74.
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.
Further Reading
- Five stocks we like better than Direxion Daily MSCI Emerging Markets Bull 3X Shares
- Stock Splits, Do They Really Impact Investors?
- Why a Stock Split Could Be a Game-Changer for Casey’s in 2025
- Where Do I Find 52-Week Highs and Lows?
- Where to Invest in 2025: Top Stock Picks for Maximum Gains
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Investment Opportunity of 2025: Why Braze Stock Stands Out
Want to see what other hedge funds are holding EDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report).
Receive News & Ratings for Direxion Daily MSCI Emerging Markets Bull 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSCI Emerging Markets Bull 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
