15,000 Shares in Direxion Daily Homebuilders & Supplies Bull 3x Shares $NAIL Bought by FNY Investment Advisers LLC

FNY Investment Advisers LLC acquired a new position in Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $1,102,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Covestor Ltd acquired a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the 3rd quarter worth $159,000. JPMorgan Chase & Co. purchased a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares in the 3rd quarter valued at about $558,000. Finally, Jump Financial LLC acquired a new stake in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares in the third quarter valued at about $2,060,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Stock Down 9.1%

Shares of NYSEARCA NAIL opened at $39.60 on Thursday. The stock has a market capitalization of $376.20 million, a price-to-earnings ratio of 9.25 and a beta of 3.97. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a 52 week low of $39.41 and a 52 week high of $99.01. The firm has a 50-day moving average price of $62.58 and a 200 day moving average price of $63.66.

About Direxion Daily Homebuilders & Supplies Bull 3x Shares

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.