Virtu Financial LLC Acquires Shares of 31,032 Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC

Virtu Financial LLC acquired a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,032 shares of the company’s stock, valued at approximately $1,693,000. Virtu Financial LLC owned 1.16% of Direxion Daily MSCI Emerging Markets Bull 3X Shares at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of EDC. Jane Street Group LLC bought a new stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the 1st quarter worth about $604,000. Great Hill Capital LLC bought a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares in the 3rd quarter valued at about $528,000. Millington Financial Advisors LLC raised its holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 34.9% in the 4th quarter. Millington Financial Advisors LLC now owns 9,129 shares of the company’s stock valued at $498,000 after acquiring an additional 2,361 shares during the period. Finally, Covestor Ltd lifted its position in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 267.2% during the fourth quarter. Covestor Ltd now owns 1,656 shares of the company’s stock worth $90,000 after acquiring an additional 1,205 shares during the last quarter.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Price Performance

Shares of NYSEARCA:EDC opened at $100.38 on Friday. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 12-month low of $34.72 and a 12-month high of $102.93. The stock has a market cap of $253.96 million, a PE ratio of 15.39 and a beta of 2.18. The business has a 50 day moving average of $84.00 and a 200-day moving average of $69.72.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.