Direxion Daily Transportation Bull 3X Shares (NYSEARCA:TPOR) Trading 4.5% Higher

Direxion Daily Transportation Bull 3X Shares (NYSEARCA:TPOR) shares rose 4.5% during mid-day trading on Friday . The stock traded as high as $26.62 and last traded at $26.51, approximately 900 shares were traded during trading. A decline of 96% from the average daily volume of 20,188 shares. The stock had previously closed at $25.38.

The company’s fifty day simple moving average is $27.14 and its 200-day simple moving average is $25.27.

A hedge fund recently bought a new stake in Direxion Daily Transportation Bull 3X Shares stock. Ibex Wealth Advisors acquired a new position in shares of Direxion Daily Transportation Bull 3X Shares (NYSEARCA:TPOR) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 1,835 shares of the company’s stock, valued at approximately $48,000. Ibex Wealth Advisors owned approximately 1.22% of Direxion Daily Transportation Bull 3X Shares at the end of the most recent quarter.

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