IMC Chicago LLC Invests $517,000 in Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC

IMC Chicago LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,231 shares of the company’s stock, valued at approximately $517,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EDC. Virtu Financial LLC acquired a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the fourth quarter valued at approximately $1,693,000. Jane Street Group LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the first quarter worth $604,000. Millington Financial Advisors LLC increased its position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 34.9% during the fourth quarter. Millington Financial Advisors LLC now owns 9,129 shares of the company’s stock worth $498,000 after purchasing an additional 2,361 shares in the last quarter. PMV Capital Advisers LLC lifted its holdings in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 422.0% during the 1st quarter. PMV Capital Advisers LLC now owns 7,282 shares of the company’s stock valued at $408,000 after purchasing an additional 5,887 shares during the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 267.2% during the 4th quarter. Covestor Ltd now owns 1,656 shares of the company’s stock valued at $90,000 after purchasing an additional 1,205 shares during the last quarter.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Price Performance

Direxion Daily MSCI Emerging Markets Bull 3X Shares stock opened at $72.16 on Friday. The stock has a market capitalization of $153.70 million, a price-to-earnings ratio of 15.39 and a beta of 2.18. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 1-year low of $38.08 and a 1-year high of $103.88. The business has a fifty day moving average price of $86.48 and a 200-day moving average price of $73.87.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.