Barclays PLC Sells 185,430 Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Barclays PLC trimmed its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 69.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 82,236 shares of the company’s stock after selling 185,430 shares during the period. Barclays PLC’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $4,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. lifted its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% in the 2nd quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock worth $90,000 after buying an additional 1,490 shares during the period. Hollencrest Capital Management bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter valued at approximately $96,000. HighTower Advisors LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the third quarter valued at approximately $209,000. Verus Capital Partners LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the second quarter worth $222,000. Finally, Sanctuary Advisors LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the second quarter valued at $342,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Performance

Shares of NYSEARCA TMF opened at $42.02 on Friday. The firm has a fifty day simple moving average of $47.35 and a two-hundred day simple moving average of $52.21. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12 month low of $40.90 and a 12 month high of $67.87.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

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.