12,000 Shares in Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC purchased a new stake in Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,000 shares of the company’s stock, valued at approximately $322,000.

Separately, Chicago Partners Investment Group LLC bought a new position in shares of Daily Dow Jones Internet Bull 3X Shares during the fourth quarter valued at $696,000.

Daily Dow Jones Internet Bull 3X Shares Stock Performance

WEBL opened at $33.18 on Thursday. The firm has a market cap of $311.89 million, a price-to-earnings ratio of 59.87 and a beta of 4.35. The firm’s 50-day simple moving average is $29.92 and its 200-day simple moving average is $23.00. Daily Dow Jones Internet Bull 3X Shares has a twelve month low of $11.18 and a twelve month high of $34.42.

Daily Dow Jones Internet Bull 3X Shares Profile

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.