Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Get Free Report) traded down 1.5% on Wednesday . The company traded as low as $140.70 and last traded at $143.75. 174,337 shares traded hands during trading, a decline of 65% from the average daily volume of 491,250 shares. The stock had previously closed at $145.92.
Direxion Daily Regional Banks Bull 3x Shares Stock Performance
The firm has a market capitalization of $448.50 million, a PE ratio of 10.48 and a beta of 2.52. The company has a fifty day simple moving average of $128.00 and a two-hundred day simple moving average of $117.69.
Institutional Trading of Direxion Daily Regional Banks Bull 3x Shares
Several institutional investors and hedge funds have recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares in the third quarter worth about $40,000. SOA Wealth Advisors LLC. increased its position in Direxion Daily Regional Banks Bull 3x Shares by 77.3% during the 4th quarter. SOA Wealth Advisors LLC. now owns 500 shares of the company’s stock valued at $51,000 after purchasing an additional 218 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in Direxion Daily Regional Banks Bull 3x Shares by 31.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 545 shares of the company’s stock valued at $55,000 after purchasing an additional 129 shares during the period. Banco Santander S.A. purchased a new position in Direxion Daily Regional Banks Bull 3x Shares during the 4th quarter valued at about $201,000. Finally, XTX Topco Ltd bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the 4th quarter valued at about $244,000.
Direxion Daily Regional Banks Bull 3x Shares Company 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.
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