Silicon Valley Capital Partners Invests $64,000 in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Silicon Valley Capital Partners acquired a new stake in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 492 shares of the real estate investment trust’s stock, valued at approximately $64,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in Direxion Daily Financial Bull 3X Shares during the first quarter valued at approximately $96,000. Covestor Ltd increased its stake in Direxion Daily Financial Bull 3X Shares by 35.2% in the 1st quarter. Covestor Ltd now owns 1,017 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 265 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Direxion Daily Financial Bull 3X Shares by 4.1% in the first quarter. Jane Street Group LLC now owns 64,730 shares of the real estate investment trust’s stock valued at $7,263,000 after acquiring an additional 2,539 shares in the last quarter. Capital CS Group LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares in the second quarter worth about $374,000. Finally, Rovin Capital UT ADV raised its stake in Direxion Daily Financial Bull 3X Shares by 4.3% during the 2nd quarter. Rovin Capital UT ADV now owns 6,026 shares of the real estate investment trust’s stock valued at $609,000 after purchasing an additional 248 shares during the period. 3.51% of the stock is owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Performance

FAS stock opened at $138.16 on Monday. Direxion Daily Financial Bull 3X Shares has a 1-year low of $58.82 and a 1-year high of $151.04. The business has a 50 day simple moving average of $133.12 and a two-hundred day simple moving average of $115.78.

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.