GFG Capital LLC Sells 12,607 Shares of Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN)

GFG Capital LLC trimmed its position in shares of Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) by 56.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,662 shares of the company’s stock after selling 12,607 shares during the quarter. GFG Capital LLC’s holdings in Direxion Daily Aerospace & Defense Bull 3X Shares were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Safe Harbor Fiduciary LLC purchased a new position in Direxion Daily Aerospace & Defense Bull 3X Shares in the 3rd quarter worth approximately $100,000. JPMorgan Chase & Co. raised its holdings in Direxion Daily Aerospace & Defense Bull 3X Shares by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,988 shares of the company’s stock worth $142,000 after acquiring an additional 1,027 shares during the last quarter. Edge Financial Advisors LLC purchased a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares during the 3rd quarter valued at $223,000. TRUE Private Wealth Advisors purchased a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares during the 3rd quarter valued at $229,000. Finally, Virtu Financial LLC purchased a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares during the 3rd quarter valued at $299,000.

Direxion Daily Aerospace & Defense Bull 3X Shares Price Performance

Shares of DFEN stock opened at $32.72 on Friday. Direxion Daily Aerospace & Defense Bull 3X Shares has a 1 year low of $22.78 and a 1 year high of $40.74. The firm has a fifty day moving average price of $30.91 and a 200-day moving average price of $33.09. The company has a market cap of $204.50 million, a price-to-earnings ratio of 32.99 and a beta of 1.84.

Direxion Daily Aerospace & Defense Bull 3X Shares Profile

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.