VitalStone Financial LLC Takes $80,000 Position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

VitalStone Financial LLC acquired a new position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 767 shares of the company’s stock, valued at approximately $80,000.

A number of other institutional investors have also recently bought and sold shares of SPXL. PayPay Securities Corp grew its holdings in shares of Direxion Daily S&P 500 Bull 3X by 16.7% during the 4th quarter. PayPay Securities Corp now owns 1,015 shares of the company’s stock valued at $106,000 after acquiring an additional 145 shares in the last quarter. Keating Wealth Management LLC purchased a new stake in shares of Direxion Daily S&P 500 Bull 3X during the 4th quarter worth about $218,000. Ellis Investment Partners LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X during the 4th quarter valued at about $219,000. Neo Ivy Capital Management increased its holdings in Direxion Daily S&P 500 Bull 3X by 33.3% in the third quarter. Neo Ivy Capital Management now owns 4,200 shares of the company’s stock worth $328,000 after buying an additional 1,050 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in Direxion Daily S&P 500 Bull 3X by 1,568.9% in the fourth quarter. Larson Financial Group LLC now owns 3,538 shares of the company’s stock valued at $368,000 after acquiring an additional 3,326 shares during the last quarter.

Direxion Daily S&P 500 Bull 3X Stock Down 0.8 %

Shares of SPXL opened at $138.10 on Tuesday. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 33.36 and a beta of 2.99. The company’s fifty day moving average is $127.92 and its 200-day moving average is $117.31. Direxion Daily S&P 500 Bull 3X has a 12 month low of $67.60 and a 12 month high of $140.29.

About Direxion Daily S&P 500 Bull 3X

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.