Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Trading Down 1.3% – What’s Next?

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CUREGet Free Report) fell 1.3% on Friday . The company traded as low as $107.59 and last traded at $108.17. 60,978 shares were traded during trading, a decline of 46% from the average session volume of 113,192 shares. The stock had previously closed at $109.64.

Direxion Daily Healthcare Bull 3x Shares Price Performance

The company has a market capitalization of $216.34 million, a P/E ratio of 20.81 and a beta of 1.91. The business’s 50-day moving average price is $99.09 and its two-hundred day moving average price is $84.94.

Institutional Investors Weigh In On Direxion Daily Healthcare Bull 3x Shares

A number of hedge funds have recently modified their holdings of CURE. Tower Research Capital LLC TRC lifted its position in Direxion Daily Healthcare Bull 3x Shares by 1,649.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 45,858 shares of the company’s stock valued at $3,830,000 after acquiring an additional 43,236 shares in the last quarter. IMC Chicago LLC acquired a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter valued at about $848,000. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the third quarter valued at about $663,000. Belvedere Trading LLC acquired a new position in shares of Direxion Daily Healthcare Bull 3x Shares during the first quarter worth about $395,000. Finally, Group One Trading LLC bought a new position in shares of Direxion Daily Healthcare Bull 3x Shares during the third quarter worth about $245,000.

Direxion Daily Healthcare Bull 3x Shares Company Profile

(Get Free Report)

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.

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