Trinity Legacy Partners LLC acquired a new position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,150 shares of the exchange traded fund’s stock, valued at approximately $988,000.
A number of other institutional investors have also recently bought and sold shares of TECL. Jump Financial LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 4th quarter valued at about $213,000. Tucker Asset Management LLC increased its stake in shares of Direxion Daily Technology Bull 3X Shares by 67.3% during the 4th quarter. Tucker Asset Management LLC now owns 7,306 shares of the exchange traded fund’s stock worth $487,000 after purchasing an additional 2,939 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Direxion Daily Technology Bull 3X Shares by 11.7% during the 4th quarter. EP Wealth Advisors LLC now owns 48,661 shares of the exchange traded fund’s stock valued at $3,246,000 after purchasing an additional 5,091 shares in the last quarter. Ogborne Capital Management LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at $1,668,000. Finally, Virtu Financial LLC acquired a new position in Direxion Daily Technology Bull 3X Shares during the first quarter worth $321,000.
Direxion Daily Technology Bull 3X Shares Price Performance
NYSEARCA TECL opened at $85.28 on Wednesday. The firm has a market cap of $3.62 billion, a P/E ratio of 50.15 and a beta of 4.03. The stock’s 50-day moving average is $79.89 and its two-hundred day moving average is $82.73. Direxion Daily Technology Bull 3X Shares has a fifty-two week low of $39.02 and a fifty-two week high of $112.78.
About Direxion Daily Technology Bull 3X Shares
The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.
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