2,383 Shares in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Bought by Covestor Ltd

Covestor Ltd purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,383 shares of the exchange traded fund’s stock, valued at approximately $88,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Direxion Daily FTSE China Bull 3X Shares during the 2nd quarter worth approximately $277,000. Quadrature Capital Ltd acquired a new position in Direxion Daily FTSE China Bull 3X Shares during the first quarter worth $281,000. Gateway Advisory LLC lifted its holdings in Direxion Daily FTSE China Bull 3X Shares by 20.0% during the second quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock valued at $402,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Strategic Wealth Investment Group LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at about $860,000.

Direxion Daily FTSE China Bull 3X Shares Stock Down 0.7 %

YINN stock opened at $28.16 on Thursday. Direxion Daily FTSE China Bull 3X Shares has a 52 week low of $13.40 and a 52 week high of $59.26. The firm has a 50-day simple moving average of $32.69 and a 200-day simple moving average of $27.06. The stock has a market capitalization of $1.26 billion, a P/E ratio of 4.13 and a beta of 2.93.

Direxion Daily FTSE China Bull 3X Shares Company Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.