Direxion Daily Aerospace & Defense Bull 3X ETF (NYSEARCA:DFEN – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $52.18 and traded as high as $54.09. Direxion Daily Aerospace & Defense Bull 3X ETF shares last traded at $52.46, with a volume of 345,633 shares traded.
Direxion Daily Aerospace & Defense Bull 3X ETF Trading Up 2.2%
The stock’s 50 day moving average price is $52.18 and its two-hundred day moving average price is $69.62. The firm has a market capitalization of $325.25 million, a price-to-earnings ratio of 32.76 and a beta of 2.37.
Institutional Trading of Direxion Daily Aerospace & Defense Bull 3X ETF
A number of institutional investors have recently added to or reduced their stakes in DFEN. SBI Securities Co. Ltd. grew its position in Direxion Daily Aerospace & Defense Bull 3X ETF by 53.6% during the third quarter. SBI Securities Co. Ltd. now owns 2,721 shares of the company’s stock worth $128,000 after buying an additional 949 shares during the period. NorthRock Partners LLC acquired a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X ETF during the 2nd quarter valued at approximately $202,000. Ascentis Independent Advisors lifted its position in shares of Direxion Daily Aerospace & Defense Bull 3X ETF by 114.5% during the 1st quarter. Ascentis Independent Advisors now owns 8,767 shares of the company’s stock valued at $553,000 after acquiring an additional 4,680 shares during the period. Finally, Traynor Capital Management Inc. lifted its position in shares of Direxion Daily Aerospace & Defense Bull 3X ETF by 0.4% during the 3rd quarter. Traynor Capital Management Inc. now owns 334,215 shares of the company’s stock valued at $15,738,000 after acquiring an additional 1,310 shares during the period.
Direxion Daily Aerospace & Defense Bull 3X ETF Company Profile
The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.
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