Flow Traders U.S. LLC Increases Stock Holdings in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Flow Traders U.S. LLC raised its position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 131.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 49,987 shares of the exchange traded fund’s stock after acquiring an additional 28,404 shares during the period. Flow Traders U.S. LLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $1,846,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Strategic Wealth Investment Group LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the third quarter valued at about $860,000. Gateway Advisory LLC boosted its position in shares of Direxion Daily FTSE China Bull 3X Shares by 20.0% during the 2nd quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 3,000 shares during the period. Finally, Covestor Ltd purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at approximately $88,000.

Direxion Daily FTSE China Bull 3X Shares Stock Down 0.2 %

YINN opened at $27.78 on Monday. The firm has a market cap of $1.24 billion, a P/E ratio of 4.13 and a beta of 2.93. Direxion Daily FTSE China Bull 3X Shares has a 52 week low of $13.40 and a 52 week high of $59.26. The business has a fifty day simple moving average of $34.30 and a 200-day simple moving average of $27.17.

Direxion Daily FTSE China Bull 3X Shares Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.