Direxion Daily Healthcare Bull 3X ETF (NYSEARCA:CURE) Stock Falls 0.2% – What’s Next?

Direxion Daily Healthcare Bull 3X ETF (NYSEARCA:CURE)’s stock price traded down 0.2% on Tuesday. The stock traded as low as $150.11 and last traded at $153.21. 24,688 shares were traded during trading, a decline of 62% from the average session volume of 64,584 shares. The stock had previously closed at $153.53.

Direxion Daily Healthcare Bull 3X ETF Trading Up 7.3%

The company has a 50 day moving average of $137.00 and a 200-day moving average of $113.31. The firm has a market capitalization of $198.44 million, a P/E ratio of 20.81 and a beta of 1.63.

Institutional Investors Weigh In On Direxion Daily Healthcare Bull 3X ETF

An institutional investor recently bought a new stake in Direxion Daily Healthcare Bull 3X ETF stock. Tucker Asset Management LLC acquired a new position in Direxion Daily Healthcare Bull 3X ETF (NYSEARCA:CURE) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 296 shares of the company’s stock, valued at approximately $33,000.

Direxion Daily Healthcare Bull 3X ETF Company Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.