Trinity Legacy Partners LLC Invests $988,000 in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

Trinity Legacy Partners LLC acquired a new position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,150 shares of the exchange traded fund’s stock, valued at approximately $988,000.

A number of other institutional investors have also recently bought and sold shares of TECL. Jump Financial LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 4th quarter valued at about $213,000. Tucker Asset Management LLC increased its stake in shares of Direxion Daily Technology Bull 3X Shares by 67.3% during the 4th quarter. Tucker Asset Management LLC now owns 7,306 shares of the exchange traded fund’s stock worth $487,000 after purchasing an additional 2,939 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Direxion Daily Technology Bull 3X Shares by 11.7% during the 4th quarter. EP Wealth Advisors LLC now owns 48,661 shares of the exchange traded fund’s stock valued at $3,246,000 after purchasing an additional 5,091 shares in the last quarter. Ogborne Capital Management LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at $1,668,000. Finally, Virtu Financial LLC acquired a new position in Direxion Daily Technology Bull 3X Shares during the first quarter worth $321,000.

Direxion Daily Technology Bull 3X Shares Price Performance

NYSEARCA TECL opened at $85.28 on Wednesday. The firm has a market cap of $3.62 billion, a P/E ratio of 50.15 and a beta of 4.03. The stock’s 50-day moving average is $79.89 and its two-hundred day moving average is $82.73. Direxion Daily Technology Bull 3X Shares has a fifty-two week low of $39.02 and a fifty-two week high of $112.78.

About Direxion Daily Technology Bull 3X Shares

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.