Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Trading Up 10.6% – What’s Next?

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CUREGet Free Report) were up 10.6% during mid-day trading on Wednesday . The stock traded as high as $150.00 and last traded at $147.87. Approximately 151,248 shares were traded during trading, an increase of 122% from the average daily volume of 68,060 shares. The stock had previously closed at $133.72.

Direxion Daily Healthcare Bull 3x Shares Trading Up 3.3%

The stock has a market capitalization of $209.80 million, a P/E ratio of 20.81 and a beta of 1.66. The company has a 50-day moving average price of $117.20 and a 200 day moving average price of $104.96.

Hedge Funds Weigh In On Direxion Daily Healthcare Bull 3x Shares

A number of large investors have recently added to or reduced their stakes in CURE. EverSource Wealth Advisors LLC boosted its holdings in shares of Direxion Daily Healthcare Bull 3x Shares by 16.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the company’s stock valued at $169,000 after buying an additional 300 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in Direxion Daily Healthcare Bull 3x Shares during the second quarter valued at approximately $157,000. Headlands Technologies LLC purchased a new stake in Direxion Daily Healthcare Bull 3x Shares during the second quarter valued at approximately $34,000. Group One Trading LLC acquired a new stake in Direxion Daily Healthcare Bull 3x Shares in the third quarter valued at approximately $245,000. Finally, Tower Research Capital LLC TRC boosted its stake in Direxion Daily Healthcare Bull 3x Shares by 1,649.0% in the third quarter. Tower Research Capital LLC TRC now owns 45,858 shares of the company’s stock valued at $3,830,000 after acquiring an additional 43,236 shares in the last quarter.

Direxion Daily Healthcare Bull 3x Shares Company Profile

(Get Free Report)

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.

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