Significant Wealth Partners LLC decreased its position in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL – Free Report) by 60.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,854 shares of the company’s stock after selling 4,321 shares during the period. Direxion Daily S&P 500 Bull 3x Shares makes up approximately 0.7% of Significant Wealth Partners LLC’s holdings, making the stock its 13th biggest position. Significant Wealth Partners LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $630,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the company. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Direxion Daily S&P 500 Bull 3x Shares during the third quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. grew its holdings in Direxion Daily S&P 500 Bull 3x Shares by 384.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 155 shares of the company’s stock worth $33,000 after buying an additional 123 shares in the last quarter. Anchor Investment Management LLC bought a new position in Direxion Daily S&P 500 Bull 3x Shares in the 2nd quarter worth approximately $52,000. Bank of America Corp DE increased its position in Direxion Daily S&P 500 Bull 3x Shares by 14.6% in the 4th quarter. Bank of America Corp DE now owns 472 shares of the company’s stock valued at $80,000 after acquiring an additional 60 shares during the period. Finally, Farther Finance Advisors LLC acquired a new stake in Direxion Daily S&P 500 Bull 3x Shares in the 3rd quarter valued at approximately $186,000.
Direxion Daily S&P 500 Bull 3x Shares Price Performance
Shares of Direxion Daily S&P 500 Bull 3x Shares stock opened at $185.12 on Friday. Direxion Daily S&P 500 Bull 3x Shares has a 1-year low of $87.08 and a 1-year high of $234.09. The business’s fifty day moving average price is $218.76 and its two-hundred day moving average price is $216.31. The company has a market capitalization of $4.64 billion, a P/E ratio of 25.10 and a beta of 3.03.
Direxion Daily S&P 500 Bull 3x Shares Profile
Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.
See Also
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