Virtu Financial LLC Takes $1.15 Million Position in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Virtu Financial LLC acquired a new position in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,378 shares of the real estate investment trust’s stock, valued at approximately $1,149,000. Virtu Financial LLC owned 0.06% of Direxion Daily Financial Bull 3X Shares at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the 2nd quarter worth approximately $44,000. Headlands Technologies LLC acquired a new position in Direxion Daily Financial Bull 3X Shares in the first quarter valued at $96,000. Covestor Ltd boosted its position in Direxion Daily Financial Bull 3X Shares by 35.2% during the first quarter. Covestor Ltd now owns 1,017 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 265 shares during the last quarter. Grandview Asset Management LLC acquired a new stake in Direxion Daily Financial Bull 3X Shares during the 1st quarter worth about $269,000. Finally, Capital CS Group LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares in the 2nd quarter worth about $374,000. 3.51% of the stock is currently owned by institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Performance

Shares of Direxion Daily Financial Bull 3X Shares stock opened at $128.25 on Thursday. The stock’s 50-day moving average is $117.95 and its 200 day moving average is $108.44. Direxion Daily Financial Bull 3X Shares has a one year low of $48.73 and a one year high of $135.30.

Direxion Daily Financial Bull 3X Shares Company Profile

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.