Virtu Financial LLC Invests $332,000 in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN)

Virtu Financial LLC purchased a new position in shares of Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,545 shares of the company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Traynor Capital Management Inc. lifted its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 7.6% in the 4th quarter. Traynor Capital Management Inc. now owns 349,319 shares of the company’s stock valued at $8,555,000 after acquiring an additional 24,705 shares in the last quarter. Signaturefd LLC increased its stake in Direxion Daily Aerospace & Defense Bull 3X Shares by 150.0% in the 4th quarter. Signaturefd LLC now owns 10,000 shares of the company’s stock valued at $245,000 after buying an additional 6,000 shares during the last quarter. Simplex Trading LLC acquired a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares in the 4th quarter valued at $133,000. Finally, SJS Investment Consulting Inc. acquired a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares in the 4th quarter valued at $25,000.

Direxion Daily Aerospace & Defense Bull 3X Shares Trading Up 0.6 %

Shares of DFEN stock opened at $27.09 on Thursday. Direxion Daily Aerospace & Defense Bull 3X Shares has a 1 year low of $13.31 and a 1 year high of $29.35. The firm’s fifty day moving average price is $26.86 and its two-hundred day moving average price is $24.73. The firm has a market capitalization of $169.31 million, a P/E ratio of 32.99 and a beta of 1.84.

Direxion Daily Aerospace & Defense Bull 3X Shares Profile

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.