TRUE Private Wealth Advisors Raises Stock Holdings in Direxion Daily Aerospace & Defense Bull 3X Shares $DFEN

TRUE Private Wealth Advisors lifted its position in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) by 16.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 8,028 shares of the company’s stock after purchasing an additional 1,128 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Direxion Daily Aerospace & Defense Bull 3X Shares were worth $416,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares in the first quarter valued at approximately $29,000. SBI Securities Co. Ltd. raised its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 48.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,253 shares of the company’s stock worth $65,000 after buying an additional 407 shares during the last quarter. Golden State Equity Partners purchased a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares in the second quarter valued at $202,000. Burney Co. acquired a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares during the first quarter worth about $205,000. Finally, Next Capital Management LLC acquired a new position in Direxion Daily Aerospace & Defense Bull 3X Shares in the second quarter valued at approximately $208,000.

Direxion Daily Aerospace & Defense Bull 3X Shares Stock Performance

Shares of NYSEARCA DFEN opened at $61.16 on Thursday. The company has a market capitalization of $351.67 million, a PE ratio of 32.76 and a beta of 2.80. The company’s fifty day moving average price is $67.51 and its 200 day moving average price is $56.34. Direxion Daily Aerospace & Defense Bull 3X Shares has a 1 year low of $17.64 and a 1 year high of $79.38.

Direxion Daily Aerospace & Defense Bull 3X Shares Company Profile

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.