Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lowered its stake in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 19.2% in the fourth quarter, HoldingsChannel reports. The firm owned 18,697 shares of the company’s stock after selling 4,440 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $3,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Private Advisor Group LLC boosted its position in Direxion Daily S&P 500 Bull 3X by 5.5% during the 3rd quarter. Private Advisor Group LLC now owns 1,447 shares of the company’s stock valued at $237,000 after purchasing an additional 75 shares during the period. HighTower Advisors LLC boosted its position in Direxion Daily S&P 500 Bull 3X by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 5,722 shares of the company’s stock valued at $939,000 after purchasing an additional 76 shares during the period. Trinity Legacy Partners LLC boosted its position in Direxion Daily S&P 500 Bull 3X by 14.0% during the 4th quarter. Trinity Legacy Partners LLC now owns 1,480 shares of the company’s stock valued at $250,000 after purchasing an additional 182 shares during the period. PayPay Securities Corp boosted its position in Direxion Daily S&P 500 Bull 3X by 55.4% during the 4th quarter. PayPay Securities Corp now owns 564 shares of the company’s stock valued at $95,000 after purchasing an additional 201 shares during the period. Finally, Navigation Wealth Management Inc. boosted its position in Direxion Daily S&P 500 Bull 3X by 9.1% during the 4th quarter. Navigation Wealth Management Inc. now owns 2,792 shares of the company’s stock worth $471,000 after acquiring an additional 233 shares during the period.

Direxion Daily S&P 500 Bull 3X Stock Performance

Shares of SPXL stock opened at $154.70 on Friday. Direxion Daily S&P 500 Bull 3X has a 1 year low of $111.54 and a 1 year high of $190.34. The stock has a fifty day moving average of $175.49 and a two-hundred day moving average of $170.31. The firm has a market capitalization of $4.65 billion, a PE ratio of 25.69 and a beta of 3.10.

Direxion Daily S&P 500 Bull 3X Profile

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.