Trinity Legacy Partners LLC Grows Stock Position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Trinity Legacy Partners LLC grew its stake in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 14.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,480 shares of the company’s stock after buying an additional 182 shares during the quarter. Trinity Legacy Partners LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $250,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SPXL. PayPay Securities Corp boosted its position in Direxion Daily S&P 500 Bull 3X by 55.4% in the 4th quarter. PayPay Securities Corp now owns 564 shares of the company’s stock worth $95,000 after purchasing an additional 201 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Direxion Daily S&P 500 Bull 3X by 358.7% during the third quarter. Larson Financial Group LLC now owns 1,188 shares of the company’s stock worth $195,000 after buying an additional 929 shares in the last quarter. Wealth Alliance Advisory Group LLC acquired a new stake in Direxion Daily S&P 500 Bull 3X during the fourth quarter valued at $203,000. Private Advisor Group LLC increased its holdings in Direxion Daily S&P 500 Bull 3X by 5.5% in the third quarter. Private Advisor Group LLC now owns 1,447 shares of the company’s stock valued at $237,000 after buying an additional 75 shares in the last quarter. Finally, Walleye Trading LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the third quarter worth about $248,000.

Direxion Daily S&P 500 Bull 3X Stock Down 1.3 %

Shares of Direxion Daily S&P 500 Bull 3X stock opened at $186.32 on Friday. The firm has a market cap of $5.93 billion, a PE ratio of 33.36 and a beta of 2.99. Direxion Daily S&P 500 Bull 3X has a twelve month low of $111.54 and a twelve month high of $190.34. The business has a 50-day moving average price of $178.18 and a 200 day moving average price of $168.16.

Direxion Daily S&P 500 Bull 3X Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.