Jump Financial LLC bought a new position in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 74,294 shares of the company’s stock, valued at approximately $6,448,000.
A number of other institutional investors also recently modified their holdings of DPST. SBI Securities Co. Ltd. lifted its stake in shares of Direxion Daily Regional Banks Bull 3x Shares by 1.1% in the second quarter. SBI Securities Co. Ltd. now owns 33,282 shares of the company’s stock worth $2,889,000 after buying an additional 356 shares during the last quarter. Toth Financial Advisory Corp raised its holdings in Direxion Daily Regional Banks Bull 3x Shares by 12.5% in the 2nd quarter. Toth Financial Advisory Corp now owns 3,594 shares of the company’s stock worth $312,000 after acquiring an additional 398 shares during the period. REDW Wealth LLC lifted its position in Direxion Daily Regional Banks Bull 3x Shares by 20.0% during the 2nd quarter. REDW Wealth LLC now owns 3,000 shares of the company’s stock worth $260,000 after acquiring an additional 500 shares during the last quarter. Allworth Financial LP bought a new stake in Direxion Daily Regional Banks Bull 3x Shares during the second quarter valued at about $49,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the first quarter valued at about $78,000.
Direxion Daily Regional Banks Bull 3x Shares Stock Performance
Direxion Daily Regional Banks Bull 3x Shares stock opened at $100.55 on Wednesday. Direxion Daily Regional Banks Bull 3x Shares has a 52 week low of $46.00 and a 52 week high of $147.58. The firm has a market capitalization of $987.40 million, a PE ratio of 10.48 and a beta of 2.67. The business’s 50-day simple moving average is $89.26 and its 200-day simple moving average is $92.71.
About Direxion Daily Regional Banks Bull 3x Shares
The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.
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