Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) Shares Sold by IMC Chicago LLC

IMC Chicago LLC cut its stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 60.4% in the first quarter, Holdings Channel reports. The firm owned 10,173 shares of the company’s stock after selling 15,534 shares during the period. IMC Chicago LLC’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $810,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Elevatus Welath Management acquired a new stake in Direxion Daily Regional Banks Bull 3x Shares in the 4th quarter worth approximately $7,493,000. Virtu Financial LLC acquired a new stake in Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter valued at approximately $3,006,000. Tower Research Capital LLC TRC lifted its stake in Direxion Daily Regional Banks Bull 3x Shares by 1,650.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,755 shares of the company’s stock valued at $366,000 after acquiring an additional 6,369 shares during the period. Capital Investment Advisory Services LLC lifted its stake in Direxion Daily Regional Banks Bull 3x Shares by 252.5% during the 4th quarter. Capital Investment Advisory Services LLC now owns 564 shares of the company’s stock valued at $55,000 after acquiring an additional 404 shares during the period. Finally, Anchor Investment Management LLC acquired a new stake in Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter valued at approximately $49,000.

Direxion Daily Regional Banks Bull 3x Shares Trading Up 3.2 %

Shares of NYSEARCA DPST opened at $64.28 on Friday. Direxion Daily Regional Banks Bull 3x Shares has a 12 month low of $38.56 and a 12 month high of $107.86. The company has a 50 day simple moving average of $68.35 and a two-hundred day simple moving average of $75.57. The stock has a market cap of $637.66 million, a price-to-earnings ratio of 105.26 and a beta of 3.98.

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.