IMC Chicago LLC Makes New $57.72 Million Investment in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

IMC Chicago LLC bought a new position in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 352,065 shares of the company’s stock, valued at approximately $57,721,000. IMC Chicago LLC owned about 1.11% of Direxion Daily S&P 500 Bull 3X as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Direxion Daily S&P 500 Bull 3X during the 2nd quarter worth $80,000. Brookstone Capital Management acquired a new position in shares of Direxion Daily S&P 500 Bull 3X during the third quarter valued at $205,000. VitalStone Financial LLC boosted its holdings in Direxion Daily S&P 500 Bull 3X by 66.4% in the first quarter. VitalStone Financial LLC now owns 1,276 shares of the company’s stock valued at $171,000 after acquiring an additional 509 shares during the last quarter. Wealthspire Advisors LLC acquired a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth about $205,000. Finally, CRA Financial Services LLC bought a new stake in Direxion Daily S&P 500 Bull 3X during the 3rd quarter worth about $235,000.

Direxion Daily S&P 500 Bull 3X Trading Down 0.9 %

Direxion Daily S&P 500 Bull 3X stock opened at $167.25 on Thursday. Direxion Daily S&P 500 Bull 3X has a 1 year low of $70.03 and a 1 year high of $173.32. The company’s 50-day moving average is $159.06 and its two-hundred day moving average is $145.55. The company has a market cap of $5.33 billion, a PE ratio of 33.36 and a beta of 2.99.

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.