DRW Securities LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,799 shares of the company’s stock, valued at approximately $967,000.
Several other institutional investors and hedge funds have also modified their holdings of DPST. SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter worth $3,731,000. KG&L Capital Management LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter worth $936,000. Virtu Financial LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter worth $935,000. X Square Capital LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter worth $505,000. Finally, Toth Financial Advisory Corp increased its holdings in Direxion Daily Regional Banks Bull 3x Shares by 40.6% in the 4th quarter. Toth Financial Advisory Corp now owns 12,723 shares of the company’s stock worth $1,398,000 after purchasing an additional 3,676 shares in the last quarter.
Direxion Daily Regional Banks Bull 3x Shares Stock Up 22.7 %
Shares of DPST opened at $63.88 on Thursday. Direxion Daily Regional Banks Bull 3x Shares has a 12-month low of $46.00 and a 12-month high of $174.22. The business has a 50-day simple moving average of $97.86 and a two-hundred day simple moving average of $113.27. The stock has a market cap of $438.86 million, a PE ratio of 6.71 and a beta of 2.56.
Direxion Daily Regional Banks Bull 3x Shares Cuts Dividend
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.
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