LifeGuide Financial Advisors LLC reduced its holdings in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report) by 10.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,850 shares of the company’s stock after selling 1,082 shares during the period. LifeGuide Financial Advisors LLC owned about 0.33% of Direxion Daily MSCI Emerging Markets Bull 3X Shares worth $255,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Flow Traders U.S. LLC lifted its holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 12.6% in the third quarter. Flow Traders U.S. LLC now owns 64,893 shares of the company’s stock worth $2,464,000 after buying an additional 7,274 shares during the period. Virtu Financial LLC raised its position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 57.2% in the 3rd quarter. Virtu Financial LLC now owns 75,880 shares of the company’s stock worth $2,881,000 after acquiring an additional 27,602 shares in the last quarter. Finally, Tidal Investments LLC bought a new stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the third quarter valued at approximately $7,643,000.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Up 3.0 %
Shares of EDC stock opened at $29.94 on Wednesday. The stock has a market cap of $80.24 million, a price-to-earnings ratio of 12.03 and a beta of 2.74. The business’s fifty day moving average is $30.26 and its 200 day moving average is $32.82. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a twelve month low of $25.01 and a twelve month high of $41.94.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile
The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.
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