Virtu Financial LLC Has $516,000 Position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Virtu Financial LLC grew its position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 119.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,867 shares of the company’s stock after purchasing an additional 5,372 shares during the quarter. Virtu Financial LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $516,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. M Holdings Securities Inc. raised its position in shares of Direxion Daily S&P 500 Bull 3X by 26.0% in the 3rd quarter. M Holdings Securities Inc. now owns 83,790 shares of the company’s stock valued at $4,383,000 after buying an additional 17,300 shares in the last quarter. Traynor Capital Management Inc. raised its position in shares of Direxion Daily S&P 500 Bull 3X by 18.1% in the 3rd quarter. Traynor Capital Management Inc. now owns 124,972 shares of the company’s stock valued at $6,537,000 after buying an additional 19,156 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 2nd quarter valued at approximately $235,000. Atria Investments LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 2nd quarter valued at approximately $201,000. Finally, BBR Partners LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 2nd quarter valued at approximately $496,000.

Shares of NYSEARCA:SPXL opened at $59.61 on Tuesday. The firm has a 50 day moving average of $57.05 and a 200-day moving average of $52.12. Direxion Daily S&P 500 Bull 3X has a 12 month low of $27.27 and a 12 month high of $61.90.

Direxion Daily S&P 500 Bull 3X Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.

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Want to see what other hedge funds are holding SPXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL).

Institutional Ownership by Quarter for Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

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