GFG Capital LLC Reduces Position in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

GFG Capital LLC decreased its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 1.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,891 shares of the company’s stock after selling 265 shares during the quarter. GFG Capital LLC’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $1,855,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. KG&L Capital Management LLC purchased a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter valued at about $936,000. Toth Financial Advisory Corp grew its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares by 40.6% in the fourth quarter. Toth Financial Advisory Corp now owns 12,723 shares of the company’s stock valued at $1,398,000 after purchasing an additional 3,676 shares during the period. Orion Portfolio Solutions LLC purchased a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the third quarter valued at about $349,000. Verus Capital Partners LLC purchased a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the third quarter valued at about $252,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the third quarter valued at about $48,000.

Direxion Daily Regional Banks Bull 3x Shares Price Performance

Shares of DPST stock opened at $124.77 on Friday. The firm has a market cap of $1.24 billion, a PE ratio of 105.26 and a beta of 3.98. The company has a 50-day moving average of $121.88 and a two-hundred day moving average of $114.54. Direxion Daily Regional Banks Bull 3x Shares has a 1-year low of $56.46 and a 1-year high of $174.22.

Direxion Daily Regional Banks Bull 3x Shares Company Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.