Larson Financial Group LLC Takes $98,000 Position in Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU)

Larson Financial Group LLC purchased a new stake in shares of Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,205 shares of the company’s stock, valued at approximately $98,000.

Separately, Pathstone Family Office LLC bought a new position in shares of Direxion Daily Mid Cap Bull 3X Shares during the third quarter valued at $863,000.

Direxion Daily Mid Cap Bull 3X Shares Price Performance

Shares of NYSEARCA:MIDU opened at $47.15 on Friday. The company has a market cap of $70.73 million, a P/E ratio of 19.27 and a beta of 3.28. Direxion Daily Mid Cap Bull 3X Shares has a 1 year low of $26.75 and a 1 year high of $56.76. The stock’s fifty day moving average price is $49.92 and its 200-day moving average price is $42.17.

Direxion Daily Mid Cap Bull 3X Shares Profile

The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.