Tower Research Capital LLC TRC Reduces Holdings in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE)

Tower Research Capital LLC TRC lowered its stake in shares of Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) by 83.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 260 shares of the company’s stock after selling 1,343 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Direxion Daily Healthcare Bull 3x Shares were worth $26,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Miracle Mile Advisors LLC bought a new stake in Direxion Daily Healthcare Bull 3x Shares during the 4th quarter valued at approximately $219,000. StoneCrest Wealth Management Inc. purchased a new position in shares of Direxion Daily Healthcare Bull 3x Shares in the 4th quarter valued at approximately $215,000. Simplex Trading LLC purchased a new position in shares of Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter valued at approximately $70,000. Finally, Traynor Capital Management Inc. boosted its position in shares of Direxion Daily Healthcare Bull 3x Shares by 7.8% during the fourth quarter. Traynor Capital Management Inc. now owns 10,806 shares of the company’s stock valued at $1,099,000 after purchasing an additional 786 shares in the last quarter.

Direxion Daily Healthcare Bull 3x Shares Trading Up 1.0 %

CURE traded up $1.08 during trading on Friday, reaching $106.89. The stock had a trading volume of 36,424 shares, compared to its average volume of 42,034. The company has a market capitalization of $181.71 million, a price-to-earnings ratio of 24.93 and a beta of 1.58. The stock’s 50 day moving average is $114.95 and its two-hundred day moving average is $104.96. Direxion Daily Healthcare Bull 3x Shares has a one year low of $75.39 and a one year high of $127.50.

About Direxion Daily Healthcare Bull 3x Shares

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.