Direxion Daily FTSE China Bull 3X Shares (YINN) Shares Gap Down to $21.25

Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $23.10, but opened at $21.25. Direxion Daily FTSE China Bull 3X Shares shares last traded at $20.31, with a volume of 2775683 shares trading hands.

Institutional investors have recently added to or reduced their stakes in the business. UBS Group AG acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the first quarter valued at approximately $170,000. SG Americas Securities LLC acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the second quarter valued at approximately $1,566,000. SP Asset Management acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the second quarter valued at approximately $508,000. JPMorgan Chase & Co. acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at approximately $228,000. Finally, Credit Suisse AG acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at approximately $443,000.

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About Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

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.

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