Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Sets New 12-Month High at $152.29

Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $152.29 and last traded at $151.96, with a volume of 450443 shares. The stock had previously closed at $151.67.

Direxion Daily S&P 500 Bull 3X Stock Up 0.3 %

The company has a 50-day moving average price of $136.73 and a 200-day moving average price of $123.90. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 33.36 and a beta of 2.99.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Pineridge Advisors LLC bought a new position in shares of Direxion Daily S&P 500 Bull 3X in the fourth quarter valued at $35,000. Mather Group LLC. acquired a new stake in Direxion Daily S&P 500 Bull 3X during the 1st quarter valued at $36,000. Westend Capital Management LLC acquired a new stake in Direxion Daily S&P 500 Bull 3X during the 1st quarter valued at $37,000. Spartan Planning & Wealth Management acquired a new stake in Direxion Daily S&P 500 Bull 3X during the 4th quarter valued at $46,000. Finally, VitalStone Financial LLC acquired a new stake in Direxion Daily S&P 500 Bull 3X during the 4th quarter valued at $80,000.

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.