Sanctuary Advisors LLC Has $488,000 Stake in Direxion Daily Energy Bull 2x Shares (NYSEARCA:ERX)

Sanctuary Advisors LLC reduced its holdings in Direxion Daily Energy Bull 2x Shares (NYSEARCA:ERX) by 8.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,229 shares of the company’s stock after selling 771 shares during the quarter. Sanctuary Advisors LLC owned about 0.15% of Direxion Daily Energy Bull 2x Shares worth $488,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ERX. Traynor Capital Management Inc. boosted its stake in Direxion Daily Energy Bull 2x Shares by 8.8% during the 3rd quarter. Traynor Capital Management Inc. now owns 36,064 shares of the company’s stock valued at $2,139,000 after purchasing an additional 2,931 shares during the period. DRW Securities LLC boosted its position in shares of Direxion Daily Energy Bull 2x Shares by 247.4% in the second quarter. DRW Securities LLC now owns 16,403 shares of the company’s stock valued at $1,068,000 after acquiring an additional 11,681 shares during the period. Virtu Financial LLC acquired a new stake in shares of Direxion Daily Energy Bull 2x Shares in the third quarter worth $846,000. Squarepoint Ops LLC bought a new position in Direxion Daily Energy Bull 2x Shares during the second quarter worth $782,000. Finally, Edge Financial Advisors LLC acquired a new position in Direxion Daily Energy Bull 2x Shares during the 3rd quarter valued at $251,000.

Direxion Daily Energy Bull 2x Shares Price Performance

Shares of Direxion Daily Energy Bull 2x Shares stock opened at $54.38 on Thursday. The firm has a fifty day moving average price of $63.29 and a two-hundred day moving average price of $62.73. Direxion Daily Energy Bull 2x Shares has a fifty-two week low of $50.00 and a fifty-two week high of $77.52. The company has a market cap of $296.91 million, a PE ratio of 9.05 and a beta of 0.96.

About Direxion Daily Energy Bull 2x Shares

The Direxion Daily Energy Bull 2X Shares (ERX) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERX was launched on Nov 6, 2008 and is managed by Direxion.