Barclays PLC Raises Stock Position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Barclays PLC increased its position in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 6.1% during the third quarter, HoldingsChannel.com reports. The fund owned 24,438 shares of the exchange traded fund’s stock after acquiring an additional 1,400 shares during the period. Barclays PLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $902,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Flow Traders U.S. LLC grew its position in shares of Direxion Daily FTSE China Bull 3X Shares by 131.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock valued at $1,846,000 after purchasing an additional 28,404 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new stake in Direxion Daily FTSE China Bull 3X Shares during the third quarter valued at $860,000. Gateway Advisory LLC grew its position in Direxion Daily FTSE China Bull 3X Shares by 20.0% during the second quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock worth $402,000 after buying an additional 3,000 shares in the last quarter. Finally, Covestor Ltd bought a new position in Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter worth about $88,000.

Direxion Daily FTSE China Bull 3X Shares Stock Up 6.8 %

NYSEARCA:YINN opened at $24.97 on Wednesday. The stock has a market cap of $1.12 billion, a P/E ratio of 4.13 and a beta of 2.93. The business’s 50-day moving average price is $28.43 and its two-hundred day moving average price is $27.66. Direxion Daily FTSE China Bull 3X Shares has a twelve month low of $13.40 and a twelve month high of $59.26.

Direxion Daily FTSE China Bull 3X Shares Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.