Northwest Capital Management Inc Takes Position in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

Northwest Capital Management Inc acquired a new position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,440 shares of the exchange traded fund’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds also recently modified their holdings of TECL. Virtu Financial LLC bought a new position in Direxion Daily Technology Bull 3X Shares during the 1st quarter worth $287,000. Simplex Trading LLC bought a new position in Direxion Daily Technology Bull 3X Shares during the 1st quarter worth $2,000,000. Gateway Advisory LLC bought a new position in Direxion Daily Technology Bull 3X Shares during the 1st quarter worth $208,000. Capital Investment Advisory Services LLC bought a new position in Direxion Daily Technology Bull 3X Shares during the 1st quarter worth $28,000. Finally, TRUE Private Wealth Advisors grew its stake in Direxion Daily Technology Bull 3X Shares by 7.0% during the 1st quarter. TRUE Private Wealth Advisors now owns 3,014 shares of the exchange traded fund’s stock worth $417,000 after buying an additional 196 shares during the last quarter.

TECL traded down $2.72 during trading on Thursday, reaching $144.84. 5,353 shares of the company were exchanged, compared to its average volume of 311,700. The business’s 50 day moving average price is $168.67. Direxion Daily Technology Bull 3X Shares has a 52 week low of $68.96 and a 52 week high of $187.10.

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Institutional Ownership by Quarter for Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

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