Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Hits New 12-Month High at $112.25

Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $112.25 and last traded at $111.90, with a volume of 383087 shares. The stock had previously closed at $110.76.

Direxion Daily Financial Bull 3X Shares Stock Up 1.3 %

The company’s 50 day moving average price is $96.10 and its 200-day moving average price is $77.78.

Hedge Funds Weigh In On Direxion Daily Financial Bull 3X Shares

Institutional investors have recently modified their holdings of the business. Diligent Investors LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 4th quarter worth approximately $223,000. PNC Financial Services Group Inc. lifted its position in shares of Direxion Daily Financial Bull 3X Shares by 3,629.0% during the second quarter. PNC Financial Services Group Inc. now owns 9,248 shares of the real estate investment trust’s stock worth $588,000 after acquiring an additional 9,000 shares in the last quarter. Snowden Capital Advisors LLC lifted its holdings in Direxion Daily Financial Bull 3X Shares by 0.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 88,500 shares of the real estate investment trust’s stock worth $5,627,000 after purchasing an additional 600 shares in the last quarter. Pathstone Family Office LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares in the third quarter valued at approximately $1,232,000. Finally, Toth Financial Advisory Corp increased its holdings in Direxion Daily Financial Bull 3X Shares by 3.4% during the 3rd quarter. Toth Financial Advisory Corp now owns 32,192 shares of the real estate investment trust’s stock worth $1,892,000 after acquiring an additional 1,052 shares during the period. 3.51% of the stock is 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.