Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Up to $57.76

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) shares gapped up prior to trading on Tuesday . The stock had previously closed at $57.76, but opened at $59.40. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $60.02, with a volume of 1,151,381 shares.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Up 3.0 %

The firm’s 50-day moving average is $57.70 and its 200-day moving average is $52.30.

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

A number of institutional investors have recently bought and sold shares of TMF. BNP Paribas Financial Markets bought a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 1st quarter worth approximately $979,000. Capital Investment Counsel Inc increased its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 2,014.0% in the first quarter. Capital Investment Counsel Inc now owns 10,570 shares of the company’s stock worth $576,000 after purchasing an additional 10,070 shares in the last quarter. Cantor Fitzgerald L. P. bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 4th quarter valued at $1,053,000. LifeGuide Financial Advisors LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 2nd quarter valued at $1,172,000. Finally, Turim 21 Investimentos Ltda. lifted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock valued at $90,000 after buying an additional 1,490 shares in the last quarter.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile

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.