Optiver Holding B.V. Makes New Investment in Direxion Daily FTSE China Bull 3X Shares $YINN

Optiver Holding B.V. bought a new position in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 38,246 shares of the exchange traded fund’s stock, valued at approximately $2,076,000.

A number of other institutional investors have also recently modified their holdings of YINN. SBI Securities Co. Ltd. raised its position in Direxion Daily FTSE China Bull 3X Shares by 168.5% in the second quarter. SBI Securities Co. Ltd. now owns 17,958 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 11,269 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Direxion Daily FTSE China Bull 3X Shares during the 2nd quarter worth $4,128,000. XTX Topco Ltd purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the 2nd quarter valued at about $226,000. Flow Traders U.S. LLC increased its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 76.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 20,197 shares of the exchange traded fund’s stock valued at $828,000 after purchasing an additional 8,725 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Direxion Daily FTSE China Bull 3X Shares by 34.4% in the second quarter. Bank of America Corp DE now owns 3,128 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 800 shares during the period.

Direxion Daily FTSE China Bull 3X Shares Trading Up 0.5%

YINN stock opened at $41.53 on Thursday. The company’s 50-day moving average price is $44.73 and its 200 day moving average price is $47.13. Direxion Daily FTSE China Bull 3X Shares has a 52 week low of $21.41 and a 52 week high of $57.71. The company has a market cap of $863.41 million, a P/E ratio of 8.49 and a beta of 0.93.

Direxion Daily FTSE China Bull 3X Shares Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.