Capital Investment Counsel Inc Sells 3,500 Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Capital Investment Counsel Inc lessened its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 87.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 500 shares of the company’s stock after selling 3,500 shares during the period. Capital Investment Counsel Inc’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $32,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TMF. IFP Advisors Inc boosted its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 53.2% during the third quarter. IFP Advisors Inc now owns 7,200 shares of the company’s stock worth $35,000 after purchasing an additional 2,500 shares during the period. Visionary Wealth Advisors lifted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 21.2% in the third quarter. Visionary Wealth Advisors now owns 17,290 shares of the company’s stock worth $83,000 after buying an additional 3,030 shares during the last quarter. Headlands Technologies LLC boosted its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 182.2% during the 3rd quarter. Headlands Technologies LLC now owns 18,469 shares of the company’s stock worth $89,000 after buying an additional 11,925 shares during the period. Cardiff Park Advisors LLC grew its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 26.5% in the 3rd quarter. Cardiff Park Advisors LLC now owns 32,557 shares of the company’s stock valued at $157,000 after buying an additional 6,822 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 3rd quarter worth $175,000.

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

TMF stock opened at $45.04 on Tuesday. The company has a 50-day moving average of $51.08 and a two-hundred day moving average of $52.86. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 52-week low of $38.30 and a 52-week high of $89.10.

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.