Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC grew its stake in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 1,568.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,538 shares of the company’s stock after purchasing an additional 3,326 shares during the quarter. Larson Financial Group LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $368,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Jump Financial LLC grew its stake in Direxion Daily S&P 500 Bull 3X by 78.9% during the 3rd quarter. Jump Financial LLC now owns 162,508 shares of the company’s stock valued at $12,708,000 after acquiring an additional 71,673 shares in the last quarter. Pathstone Family Office LLC purchased a new stake in shares of Direxion Daily S&P 500 Bull 3X in the third quarter valued at approximately $4,195,000. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the fourth quarter valued at approximately $5,495,000. Spire Wealth Management lifted its position in Direxion Daily S&P 500 Bull 3X by 158.7% during the third quarter. Spire Wealth Management now owns 41,046 shares of the company’s stock worth $3,210,000 after buying an additional 25,181 shares in the last quarter. Finally, Impala Asset Management LLC purchased a new position in Direxion Daily S&P 500 Bull 3X during the third quarter worth approximately $1,564,000.

Direxion Daily S&P 500 Bull 3X Stock Up 3.5 %

Shares of NYSEARCA:SPXL opened at $119.51 on Wednesday. Direxion Daily S&P 500 Bull 3X has a 52-week low of $67.60 and a 52-week high of $135.20. The stock has a market cap of $3.76 billion, a P/E ratio of 34.49 and a beta of 2.99. The business has a fifty day moving average of $125.27 and a two-hundred day moving average of $105.83.

Direxion Daily S&P 500 Bull 3X Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.