Anchor Investment Management LLC Makes New $55,000 Investment in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

Anchor Investment Management LLC acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) during the fourth quarter, Holdings Channel reports. The fund acquired 500 shares of the company’s stock, valued at approximately $55,000.

Several other large investors have also recently modified their holdings of the stock. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter valued at approximately $3,731,000. Toth Financial Advisory Corp grew 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 acquiring an additional 3,676 shares during the last quarter. DRW Securities LLC purchased a new position in shares of Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter valued at about $967,000. KG&L Capital Management LLC purchased a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth about $936,000. Finally, Virtu Financial LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter worth about $935,000.

Direxion Daily Regional Banks Bull 3x Shares Price Performance

DPST opened at $57.05 on Thursday. Direxion Daily Regional Banks Bull 3x Shares has a one year low of $46.00 and a one year high of $174.22. The business has a 50 day simple moving average of $90.37 and a two-hundred day simple moving average of $111.73. The firm has a market capitalization of $391.93 million, a price-to-earnings ratio of 6.71 and a beta of 2.56.

About Direxion Daily Regional Banks Bull 3x Shares

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.