Timber Hill LLC decreased its position in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 68.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,742 shares of the financial services provider’s stock after selling 120,298 shares during the quarter. Timber Hill LLC’s holdings in Direxion Daily Financial Bull 3X Shares were worth $2,704,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FAS. Adell Harriman & Carpenter Inc. bought a new position in shares of Direxion Daily Financial Bull 3X Shares during the 2nd quarter worth $329,000. TRUE Private Wealth Advisors bought a new position in shares of Direxion Daily Financial Bull 3X Shares during the 2nd quarter worth $260,000. Finally, Mark Sheptoff Financial Planning LLC grew its position in shares of Direxion Daily Financial Bull 3X Shares by 12.7% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 59,750 shares of the financial services provider’s stock worth $2,951,000 after buying an additional 6,749 shares in the last quarter.

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Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) traded up 0.67% during trading on Monday, hitting $51.11. The stock had a trading volume of 1,535,301 shares. Direxion Daily Financial Bull 3X Shares has a one year low of $27.42 and a one year high of $54.24. The firm has a 50 day moving average of $51.34 and a 200-day moving average of $47.39.

About Direxion Daily Financial Bull 3X Shares

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.

Institutional Ownership by Quarter for Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

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