GFG Capital LLC Lowers Position in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

GFG Capital LLC cut its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 3.1% in the third quarter, HoldingsChannel.com reports. The firm owned 17,156 shares of the company’s stock after selling 552 shares during the quarter. GFG Capital LLC’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $1,707,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of DPST. Toth Financial Advisory Corp boosted its holdings in Direxion Daily Regional Banks Bull 3x Shares by 2.1% during the 1st quarter. Toth Financial Advisory Corp now owns 23,917 shares of the company’s stock valued at $1,903,000 after acquiring an additional 499 shares during the period. Quantbot Technologies LP boosted its holdings in Direxion Daily Regional Banks Bull 3x Shares by 27.9% during the 1st quarter. Quantbot Technologies LP now owns 4,000 shares of the company’s stock valued at $318,000 after acquiring an additional 873 shares during the period. Jane Street Group LLC boosted its holdings in Direxion Daily Regional Banks Bull 3x Shares by 172.1% during the 1st quarter. Jane Street Group LLC now owns 57,574 shares of the company’s stock valued at $4,582,000 after acquiring an additional 36,417 shares during the period. Viewpoint Capital Management LLC boosted its holdings in Direxion Daily Regional Banks Bull 3x Shares by 7.3% during the 2nd quarter. Viewpoint Capital Management LLC now owns 2,200 shares of the company’s stock valued at $155,000 after acquiring an additional 150 shares during the period. Finally, Virtu Financial LLC purchased a new position in Direxion Daily Regional Banks Bull 3x Shares during the 2nd quarter valued at about $2,285,000.

Direxion Daily Regional Banks Bull 3x Shares Price Performance

Shares of Direxion Daily Regional Banks Bull 3x Shares stock opened at $104.63 on Tuesday. The business has a 50-day moving average of $98.44 and a 200 day moving average of $83.41. Direxion Daily Regional Banks Bull 3x Shares has a 12 month low of $38.56 and a 12 month high of $121.30. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 105.26 and a beta of 3.98.

Direxion Daily Regional Banks Bull 3x Shares Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.