Vontobel Holding Ltd. Reduces Stock Position in Direxion Work From Home ETF (NYSEARCA:WFH)

Vontobel Holding Ltd. trimmed its position in Direxion Work From Home ETF (NYSEARCA:WFH) by 30.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,820 shares of the company’s stock after selling 2,100 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.74% of Direxion Work From Home ETF worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Advisors Preferred LLC bought a new stake in shares of Direxion Work From Home ETF in the 4th quarter valued at approximately $48,000.

Direxion Work From Home ETF Trading Up 1.6 %

Shares of NYSEARCA WFH opened at $53.52 on Wednesday. Direxion Work From Home ETF has a twelve month low of $40.94 and a twelve month high of $58.69. The company has a market capitalization of $26.76 million, a price-to-earnings ratio of 32.53 and a beta of 1.48. The business has a 50 day simple moving average of $56.23 and a 200-day simple moving average of $53.18.

Direxion Work From Home ETF Profile

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.