Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) Stock Price Up 1.1%

Shares of Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) shot up 1.1% on Friday . The stock traded as high as $16.48 and last traded at $16.22. 259,273 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 601,717 shares. The stock had previously closed at $16.04.

Daily Dow Jones Internet Bull 3X Shares Stock Up 1.1 %

The firm’s fifty day moving average price is $15.83 and its 200-day moving average price is $17.08. The stock has a market cap of $152.47 million, a P/E ratio of 59.87 and a beta of 4.35.

Institutional Trading of Daily Dow Jones Internet Bull 3X Shares

An institutional investor recently bought a new position in Daily Dow Jones Internet Bull 3X Shares stock. Quadrature Capital Ltd acquired a new position in Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) during the first quarter, according to its most recent filing with the SEC. The firm acquired 11,850 shares of the company’s stock, valued at approximately $225,000. Quadrature Capital Ltd owned about 0.13% of Daily Dow Jones Internet Bull 3X Shares as of its most recent filing with the SEC.

Daily Dow Jones Internet Bull 3X Shares Company Profile

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.