Direxion Work From Home ETF (NYSEARCA:WFH) Stock Price Up 0.8%

Shares of Direxion Work From Home ETF (NYSEARCA:WFH) traded up 0.8% during mid-day trading on Friday . The stock traded as high as $56.19 and last traded at $56.19. 501 shares traded hands during trading, a decline of 72% from the average session volume of 1,808 shares. The stock had previously closed at $55.74.

Direxion Work From Home ETF Stock Up 0.8 %

The company’s 50 day moving average price is $54.85 and its 200-day moving average price is $54.98. The stock has a market cap of $28.10 million, a P/E ratio of 31.88 and a beta of 1.50.

Hedge Funds Weigh In On Direxion Work From Home ETF

A number of hedge funds have recently bought and sold shares of the company. Virtu Financial LLC acquired a new stake in Direxion Work From Home ETF in the fourth quarter worth $204,000. Advisors Preferred LLC grew its holdings in Direxion Work From Home ETF by 302.5% in the first quarter. Advisors Preferred LLC now owns 3,635 shares of the company’s stock worth $205,000 after purchasing an additional 2,732 shares during the period. Finally, Tradition Wealth Management LLC grew its holdings in Direxion Work From Home ETF by 3.7% in the fourth quarter. Tradition Wealth Management LLC now owns 98,479 shares of the company’s stock worth $5,370,000 after purchasing an additional 3,537 shares during the period.

Direxion Work From Home ETF Company Profile

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.