Vestor Capital LLC Invests $54,000 in Direxion Daily Select Large Caps & FANGs Bull 2X Shares (NYSEARCA:FNGG)

Vestor Capital LLC purchased a new stake in Direxion Daily Select Large Caps & FANGs Bull 2X Shares (NYSEARCA:FNGG) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 594 shares of the company’s stock, valued at approximately $54,000. Vestor Capital LLC owned approximately 0.21% of Direxion Daily Select Large Caps & FANGs Bull 2X Shares as of its most recent filing with the Securities & Exchange Commission.

Separately, Dynamic Advisor Solutions LLC grew its position in shares of Direxion Daily Select Large Caps & FANGs Bull 2X Shares by 19.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 4,567 shares of the company’s stock worth $388,000 after purchasing an additional 750 shares in the last quarter.

Direxion Daily Select Large Caps & FANGs Bull 2X Shares Stock Performance

Shares of NYSEARCA FNGG traded down $0.84 during midday trading on Thursday, reaching $117.84. The company’s stock had a trading volume of 8,551 shares, compared to its average volume of 14,102. The company has a market cap of $44.76 million, a P/E ratio of 77.70 and a beta of 3.37. Direxion Daily Select Large Caps & FANGs Bull 2X Shares has a fifty-two week low of $52.24 and a fifty-two week high of $122.85. The business’s 50 day moving average price is $114.20 and its two-hundred day moving average price is $99.24.

Direxion Daily Select Large Caps & FANGs Bull 2X Shares Company Profile

The Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) is an exchange-traded fund that is based on the ICE FANG 20 index. The fund provides 2x the daily price movements of an equal-weighted index consists of FANG stocks and other growth stocks of technology and tech-enabled companies. FNGG was launched on Sep 30, 2021 and is managed by Direxion.