PayPay Securities Corp increased its holdings in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL – Free Report) by 24.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,259 shares of the company’s stock after purchasing an additional 244 shares during the period. Direxion Daily S&P 500 Bull 3X accounts for 8.4% of PayPay Securities Corp’s investment portfolio, making the stock its largest holding. PayPay Securities Corp’s holdings in Direxion Daily S&P 500 Bull 3X were worth $169,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of SPXL. IMC Chicago LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the 1st quarter worth $53,754,000. Traynor Capital Management Inc. lifted its stake in shares of Direxion Daily S&P 500 Bull 3X by 13.0% in the 1st quarter. Traynor Capital Management Inc. now owns 23,749 shares of the company’s stock worth $3,183,000 after acquiring an additional 2,729 shares during the period. Westend Capital Management LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the 1st quarter worth $37,000. Mather Group LLC. acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the 1st quarter worth $36,000. Finally, Spartan Planning & Wealth Management acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter worth $46,000.
Direxion Daily S&P 500 Bull 3X Stock Performance
SPXL stock opened at $146.07 on Monday. Direxion Daily S&P 500 Bull 3X has a one year low of $67.60 and a one year high of $151.00. The stock has a market capitalization of $4.65 billion, a PE ratio of 33.36 and a beta of 2.99. The company has a fifty day moving average of $134.17 and a 200-day moving average of $122.84.
Direxion Daily S&P 500 Bull 3X Company Profile
Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.
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