Tower Research Capital LLC TRC Raises Stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Tower Research Capital LLC TRC increased its stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 159.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,724 shares of the exchange traded fund’s stock after buying an additional 1,674 shares during the period. Tower Research Capital LLC TRC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $57,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC increased its position in Direxion Daily FTSE China Bull 3X Shares by 34.8% in the fourth quarter. Parallel Advisors LLC now owns 6,250 shares of the exchange traded fund’s stock worth $131,000 after buying an additional 1,615 shares during the last quarter. IMC Chicago LLC grew its stake in shares of Direxion Daily FTSE China Bull 3X Shares by 328.0% during the 4th quarter. IMC Chicago LLC now owns 68,647 shares of the exchange traded fund’s stock worth $1,437,000 after acquiring an additional 52,609 shares during the period. Aveo Capital Partners LLC purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the 4th quarter worth about $1,132,000. Viewpoint Capital Management LLC raised its stake in Direxion Daily FTSE China Bull 3X Shares by 17.3% in the 4th quarter. Viewpoint Capital Management LLC now owns 6,780 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 1,000 shares during the period. Finally, TB Alternative Assets Ltd. lifted its holdings in Direxion Daily FTSE China Bull 3X Shares by 261.6% during the fourth quarter. TB Alternative Assets Ltd. now owns 499,800 shares of the exchange traded fund’s stock valued at $10,466,000 after purchasing an additional 361,600 shares during the last quarter.

Direxion Daily FTSE China Bull 3X Shares Price Performance

NYSEARCA:YINN traded up $0.61 on Monday, reaching $23.82. 4,576,737 shares of the company’s stock were exchanged, compared to its average volume of 7,209,273. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 3.38 and a beta of 3.00. The stock has a fifty day simple moving average of $19.33 and a 200-day simple moving average of $20.50. Direxion Daily FTSE China Bull 3X Shares has a 52 week low of $13.40 and a 52 week high of $46.87.

About Direxion Daily FTSE China Bull 3X Shares

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.