Strategic Financial Concepts LLC Purchases Shares of 12,856 Direxion Work From Home ETF (NYSEARCA:WFH)

Strategic Financial Concepts LLC acquired a new stake in Direxion Work From Home ETF (NYSEARCA:WFH) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 12,856 shares of the company’s stock, valued at approximately $826,000. Strategic Financial Concepts LLC owned approximately 2.57% of Direxion Work From Home ETF as of its most recent filing with the SEC.

Separately, Tradition Wealth Management LLC raised its position in Direxion Work From Home ETF by 1.2% in the third quarter. Tradition Wealth Management LLC now owns 96,239 shares of the company’s stock worth $5,623,000 after purchasing an additional 1,146 shares in the last quarter.

Direxion Work From Home ETF Stock Up 0.5 %

Shares of WFH opened at $70.91 on Wednesday. Direxion Work From Home ETF has a 12 month low of $50.28 and a 12 month high of $71.38. The stock has a market cap of $35.46 million, a price-to-earnings ratio of 31.88 and a beta of 1.50. The company has a 50-day moving average price of $67.22 and a two-hundred day moving average price of $62.02.

Direxion Work From Home ETF Profile

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.