LifeGuide Financial Advisors LLC Sells 4,823 Shares of Direxion Daily S&P 500 Bull 3x Shares $SPXL

LifeGuide Financial Advisors LLC lowered its position in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 78.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,356 shares of the company’s stock after selling 4,823 shares during the period. LifeGuide Financial Advisors LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $301,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC purchased a new stake in Direxion Daily S&P 500 Bull 3x Shares during the third quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. grew its holdings in Direxion Daily S&P 500 Bull 3x Shares by 384.4% in the third quarter. Newbridge Financial Services Group Inc. now owns 155 shares of the company’s stock worth $33,000 after purchasing an additional 123 shares during the last quarter. Anchor Investment Management LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3x Shares during the second quarter worth $52,000. Bank of America Corp DE increased its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 14.6% during the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock worth $80,000 after purchasing an additional 60 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Direxion Daily S&P 500 Bull 3x Shares during the 3rd quarter valued at $186,000.

Direxion Daily S&P 500 Bull 3x Shares Trading Down 0.8%

Shares of SPXL opened at $193.75 on Friday. The firm has a market cap of $4.85 billion, a PE ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 12 month low of $87.08 and a 12 month high of $234.09. The stock has a fifty day moving average price of $219.69 and a 200-day moving average price of $216.36.

About Direxion Daily S&P 500 Bull 3x Shares

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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.