Direxion Daily Energy Bull 2x Shares (NYSEARCA:ERX) Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp decreased its position in Direxion Daily Energy Bull 2x Shares (NYSEARCA:ERX) by 21.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,426 shares of the company’s stock after selling 2,235 shares during the period. Toth Financial Advisory Corp owned about 0.15% of Direxion Daily Energy Bull 2x Shares worth $500,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in Direxion Daily Energy Bull 2x Shares in the 2nd quarter worth $651,000. Squarepoint Ops LLC purchased a new stake in shares of Direxion Daily Energy Bull 2x Shares during the second quarter worth about $782,000. Quadrature Capital Ltd purchased a new position in Direxion Daily Energy Bull 2x Shares in the 1st quarter valued at about $1,214,000. DRW Securities LLC boosted its holdings in Direxion Daily Energy Bull 2x Shares by 247.4% in the 2nd quarter. DRW Securities LLC now owns 16,403 shares of the company’s stock worth $1,068,000 after buying an additional 11,681 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in Direxion Daily Energy Bull 2x Shares by 2,036.3% during the 1st quarter. Jane Street Group LLC now owns 264,241 shares of the company’s stock worth $18,708,000 after buying an additional 251,872 shares in the last quarter.

Direxion Daily Energy Bull 2x Shares Price Performance

NYSEARCA ERX opened at $62.12 on Tuesday. The stock’s 50 day simple moving average is $61.30 and its 200-day simple moving average is $64.63. The company has a market cap of $339.18 million, a PE ratio of 9.05 and a beta of 0.96. Direxion Daily Energy Bull 2x Shares has a 1-year low of $50.00 and a 1-year high of $77.52.

Direxion Daily Energy Bull 2x Shares Company Profile

The Direxion Daily Energy Bull 2X Shares (ERX) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERX was launched on Nov 6, 2008 and is managed by Direxion.