Foundations Investment Advisors LLC Reduces Stock Position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Foundations Investment Advisors LLC reduced its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 20.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,637 shares of the company’s stock after selling 919 shares during the period. Foundations Investment Advisors LLC’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $210,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TMF. BNP Paribas Financial Markets purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 1st quarter worth approximately $979,000. Capital Investment Counsel Inc raised its position 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 buying an additional 10,070 shares in the last quarter. LifeGuide Financial Advisors LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter valued at $1,172,000. Turim 21 Investimentos Ltda. boosted its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% during the second 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 during the period. Finally, Verus Capital Partners LLC purchased a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter worth about $222,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Down 1.8 %

NYSEARCA:TMF opened at $47.63 on Monday. The business’s 50-day moving average price is $56.65 and its two-hundred day moving average price is $52.24. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a twelve month low of $39.20 and a twelve month high of $67.87.

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.