22,418 Shares in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Bought by Virtu Financial LLC

Virtu Financial LLC acquired a new position in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,418 shares of the company’s stock, valued at approximately $2,281,000. Virtu Financial LLC owned approximately 1.15% of Direxion Daily Healthcare Bull 3x Shares at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Miracle Mile Advisors LLC purchased a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the 4th quarter worth approximately $219,000. StoneCrest Wealth Management Inc. purchased a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the fourth quarter worth $215,000. Finally, Traynor Capital Management Inc. grew its stake in shares of Direxion Daily Healthcare Bull 3x Shares by 7.8% in the fourth quarter. Traynor Capital Management Inc. now owns 10,806 shares of the company’s stock worth $1,099,000 after acquiring an additional 786 shares during the last quarter.

Direxion Daily Healthcare Bull 3x Shares Stock Performance

Shares of CURE traded down $0.16 during trading hours on Friday, hitting $116.75. The company had a trading volume of 11,950 shares, compared to its average volume of 40,594. The stock has a market capitalization of $198.48 million, a price-to-earnings ratio of 24.93 and a beta of 1.58. The firm has a fifty day moving average price of $111.43 and a 200-day moving average price of $111.28. Direxion Daily Healthcare Bull 3x Shares has a 52-week low of $75.39 and a 52-week high of $127.50.

Direxion Daily Healthcare Bull 3x Shares Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.