Renaissance Technologies LLC Invests $2.83 Million in Direxion Daily Regional Banks Bull 3x Shares $DPST

Renaissance Technologies LLC bought a new stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 29,300 shares of the company’s stock, valued at approximately $2,832,000. Renaissance Technologies LLC owned 0.69% of Direxion Daily Regional Banks Bull 3x Shares as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of DPST. Tower Research Capital LLC TRC grew its holdings in Direxion Daily Regional Banks Bull 3x Shares by 109.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 42,423 shares of the company’s stock worth $4,286,000 after purchasing an additional 22,178 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter valued at approximately $3,841,000. Simplex Trading LLC bought a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter worth approximately $3,056,000. IMC Chicago LLC increased its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares by 11.3% during the 1st quarter. IMC Chicago LLC now owns 27,872 shares of the company’s stock worth $2,694,000 after acquiring an additional 2,833 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter worth approximately $1,523,000.

Direxion Daily Regional Banks Bull 3x Shares Stock Performance

DPST opened at $146.17 on Monday. The stock’s fifty day simple moving average is $136.77 and its 200 day simple moving average is $120.74. Direxion Daily Regional Banks Bull 3x Shares has a 1-year low of $72.66 and a 1-year high of $158.88. The stock has a market cap of $441.43 million, a PE ratio of 10.48 and a beta of 2.53.

About Direxion Daily Regional Banks Bull 3x Shares

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.