Traynor Capital Management Inc. trimmed its position in shares of Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE – Free Report) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,235 shares of the company’s stock after selling 488 shares during the period. Traynor Capital Management Inc. owned 0.60% of Direxion Daily Healthcare Bull 3x Shares worth $945,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in CURE. Farther Finance Advisors LLC bought a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter valued at about $37,000. Rovin Capital UT ADV raised its stake in Direxion Daily Healthcare Bull 3x Shares by 53.0% in the fourth quarter. Rovin Capital UT ADV now owns 2,428 shares of the company’s stock valued at $224,000 after buying an additional 841 shares during the period. Finally, Virtu Financial LLC lifted its position in shares of Direxion Daily Healthcare Bull 3x Shares by 41.3% in the third quarter. Virtu Financial LLC now owns 3,419 shares of the company’s stock valued at $455,000 after buying an additional 1,000 shares during the last quarter.
Direxion Daily Healthcare Bull 3x Shares Price Performance
Shares of Direxion Daily Healthcare Bull 3x Shares stock opened at $100.52 on Thursday. The business has a fifty day simple moving average of $100.71 and a two-hundred day simple moving average of $118.23. Direxion Daily Healthcare Bull 3x Shares has a 1 year low of $88.21 and a 1 year high of $143.51. The company has a market capitalization of $170.88 million, a price-to-earnings ratio of 24.93 and a beta of 1.58.
Direxion Daily Healthcare Bull 3x Shares Company Profile
The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.
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