Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF – Get Free Report)’s share price were down 1.7% during trading on Wednesday . The company traded as low as $29.92 and last traded at $30.34. Approximately 4,788,170 shares were traded during trading, an increase of 2% from the average daily volume of 4,710,352 shares. The stock had previously closed at $30.85.
Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Down 1.7%
The firm’s 50 day moving average is $31.79 and its two-hundred day moving average is $34.62.
Hedge Funds Weigh In On Direxion Daily 20+ Year Treasury Bull 3x Shares
A number of institutional investors have recently modified their holdings of TMF. Optiver Holding B.V. acquired a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares in the 1st quarter valued at $3,803,000. UBS Group AG boosted its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 31.5% in the 4th quarter. UBS Group AG now owns 227,856 shares of the company’s stock valued at $8,504,000 after purchasing an additional 54,549 shares during the last quarter. PPSC Investment Service Corp grew its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 8.4% during the first quarter. PPSC Investment Service Corp now owns 292,079 shares of the company’s stock valued at $10,532,000 after acquiring an additional 22,697 shares during the period. Royal Bank of Canada grew its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 56.3% during the 1st quarter. Royal Bank of Canada now owns 42,029 shares of the company’s stock worth $1,516,000 after purchasing an additional 15,134 shares during the period. Finally, Summit Securities Group LLC purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the fourth quarter worth approximately $504,000.
Direxion Daily 20+ Year Treasury Bull 3x Shares Company Profile
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. The Index constituent bonds are weighted by their relative amounts outstanding.
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