Virtu Financial LLC Purchases 26,137 Shares of Direxion Daily Technology Bull 3X Shares $TECL

Virtu Financial LLC increased its position in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 1,035.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,660 shares of the exchange traded fund’s stock after buying an additional 26,137 shares during the quarter. Virtu Financial LLC owned 0.09% of Direxion Daily Technology Bull 3X Shares worth $3,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kovitz Investment Group Partners LLC boosted its position in Direxion Daily Technology Bull 3X Shares by 154.9% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 6,006 shares of the exchange traded fund’s stock worth $706,000 after buying an additional 3,650 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Direxion Daily Technology Bull 3X Shares by 2.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 5,245 shares of the exchange traded fund’s stock worth $616,000 after acquiring an additional 130 shares during the last quarter. Onyx Bridge Wealth Group LLC increased its position in Direxion Daily Technology Bull 3X Shares by 7.1% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 2,500 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 165 shares during the period. EP Wealth Advisors LLC acquired a new position in Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at approximately $4,947,000. Finally, Quadrature Capital Ltd bought a new position in shares of Direxion Daily Technology Bull 3X Shares during the fourth quarter valued at $1,842,000.

Direxion Daily Technology Bull 3X Shares Stock Performance

TECL stock opened at $236.49 on Friday. The company has a market capitalization of $7.72 billion, a P/E ratio of 36.87 and a beta of 4.12. The company has a fifty day moving average price of $184.38 and a 200-day moving average price of $136.66. Direxion Daily Technology Bull 3X Shares has a 52-week low of $75.16 and a 52-week high of $275.40.

Direxion Daily Technology Bull 3X Shares Company Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.