Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $83.01 and traded as high as $103.09. Direxion Daily Financial Bull 3X Shares shares last traded at $101.59, with a volume of 578,025 shares traded.
Direxion Daily Financial Bull 3X Shares Price Performance
The business has a 50-day moving average of $101.90 and a 200 day moving average of $83.48.
Institutional Investors Weigh In On Direxion Daily Financial Bull 3X Shares
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FAS. Pathstone Family Office LLC purchased a new stake in Direxion Daily Financial Bull 3X Shares during the third quarter valued at approximately $1,232,000. Diligent Investors LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares during the fourth quarter valued at approximately $223,000. Viewpoint Capital Management LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares during the fourth quarter valued at approximately $264,000. Capital Investment Counsel Inc bought a new position in shares of Direxion Daily Financial Bull 3X Shares during the fourth quarter valued at approximately $231,000. Finally, McAdam LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares during the fourth quarter valued at approximately $243,000. 3.51% of the stock is currently owned by hedge funds and other institutional investors.
Direxion Daily Financial Bull 3X Shares Company Profile
Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.
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