Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Down to $53.98

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMFGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $53.98, but opened at $52.05. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $51.76, with a volume of 1,694,616 shares trading hands.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Price Performance

The stock has a 50-day moving average price of $47.77 and a 200-day moving average price of $53.55.

Hedge Funds Weigh In On Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Large investors have recently modified their holdings of the stock. Jane Street Group LLC increased its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 1,989.2% during the first quarter. Jane Street Group LLC now owns 15,175,854 shares of the company’s stock worth $827,084,000 after purchasing an additional 14,449,454 shares during the period. XR Securities LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 4th quarter worth $5,988,000. Virtu Financial LLC acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the first quarter worth $4,584,000. Rathbones Group PLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter valued at about $255,000. Finally, Quadrature Capital Ltd bought a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 3rd quarter valued at about $175,000.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

(Get Free Report)

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.

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