Simplex Trading LLC Invests $1.67 Million in Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU)

Simplex Trading LLC purchased a new position in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 114,374 shares of the company’s stock, valued at approximately $1,666,000.

A number of other institutional investors have also recently bought and sold shares of the business. Virtu Financial LLC acquired a new position in Direxion Daily CSI 300 China A Share Bull 2x Shares in the 3rd quarter valued at about $2,508,000. Capital Investment Counsel Inc bought a new position in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares during the fourth quarter worth approximately $358,000. Finally, SBI Securities Co. Ltd. bought a new position in Direxion Daily CSI 300 China A Share Bull 2x Shares during the 4th quarter worth $213,000.

Direxion Daily CSI 300 China A Share Bull 2x Shares Price Performance

Shares of NYSEARCA CHAU opened at $14.34 on Friday. The stock has a market capitalization of $215.82 million, a PE ratio of 15.63 and a beta of 0.76. Direxion Daily CSI 300 China A Share Bull 2x Shares has a fifty-two week low of $11.54 and a fifty-two week high of $28.25. The business has a fifty day moving average price of $14.65 and a two-hundred day moving average price of $15.22.

Direxion Daily CSI 300 China A Share Bull 2x Shares Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a $0.0782 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This is a positive change from Direxion Daily CSI 300 China A Share Bull 2x Shares’s previous dividend of $0.06.

About Direxion Daily CSI 300 China A Share Bull 2x Shares

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.