Commonwealth Equity Services LLC Purchases 2,298 Shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Commonwealth Equity Services LLC lifted its holdings in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 126.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,111 shares of the real estate investment trust’s stock after acquiring an additional 2,298 shares during the period. Commonwealth Equity Services LLC’s holdings in Direxion Daily Financial Bull 3X Shares were worth $415,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 4th quarter worth approximately $622,000. Grandview Asset Management LLC acquired a new position in Direxion Daily Financial Bull 3X Shares during the first quarter worth about $269,000. Private Capital Management LLC boosted its stake in shares of Direxion Daily Financial Bull 3X Shares by 20.5% in the 4th quarter. Private Capital Management LLC now owns 10,000 shares of the real estate investment trust’s stock valued at $826,000 after purchasing an additional 1,700 shares in the last quarter. Toth Financial Advisory Corp grew its holdings in shares of Direxion Daily Financial Bull 3X Shares by 134.9% during the 1st quarter. Toth Financial Advisory Corp now owns 12,325 shares of the real estate investment trust’s stock valued at $1,383,000 after purchasing an additional 7,078 shares during the last quarter. Finally, Edge Financial Advisors LLC acquired a new stake in shares of Direxion Daily Financial Bull 3X Shares during the first quarter valued at about $438,000. Institutional investors own 3.51% of the company’s stock.

Direxion Daily Financial Bull 3X Shares Price Performance

Shares of FAS stock opened at $131.27 on Monday. The stock has a 50-day moving average of $119.28 and a 200-day moving average of $109.09. Direxion Daily Financial Bull 3X Shares has a 1-year low of $48.73 and a 1-year high of $135.30.

About Direxion Daily Financial Bull 3X Shares

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.