Shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $148.99, but opened at $158.61. Direxion Daily Financial Bull 3X Shares shares last traded at $159.58, with a volume of 488,607 shares trading hands.
Direxion Daily Financial Bull 3X Shares Stock Up 1.6 %
The firm has a fifty day moving average of $161.70 and a two-hundred day moving average of $137.54.
Institutional Trading of Direxion Daily Financial Bull 3X Shares
Several institutional investors and hedge funds have recently made changes to their positions in FAS. Sanctuary Advisors LLC bought a new position in Direxion Daily Financial Bull 3X Shares in the third quarter worth about $187,000. PNC Financial Services Group Inc. raised its holdings in Direxion Daily Financial Bull 3X Shares by 11.4% in the third quarter. PNC Financial Services Group Inc. now owns 8,132 shares of the real estate investment trust’s stock worth $1,055,000 after purchasing an additional 832 shares in the last quarter. Silicon Valley Capital Partners bought a new position in Direxion Daily Financial Bull 3X Shares in the third quarter worth about $64,000. James J. Burns & Company LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the third quarter worth about $234,000. Finally, Captrust Financial Advisors grew its stake in shares of Direxion Daily Financial Bull 3X Shares by 20.4% during the third quarter. Captrust Financial Advisors now owns 4,920 shares of the real estate investment trust’s stock worth $639,000 after acquiring an additional 835 shares during the last quarter. 3.51% of the stock is currently owned by institutional investors.
Direxion Daily Financial Bull 3X Shares Company Profile
Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.
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