Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Bought by Morse Asset Management Inc

Morse Asset Management Inc increased its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 12,400.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,500 shares of the company’s stock after buying an additional 2,480 shares during the quarter. Morse Asset Management Inc’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $100,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of TMF. SBI Securities Co. Ltd. acquired a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter worth $25,384,000. Hollencrest Capital Management bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 4th quarter valued at about $3,040,000. PPSC Investment Service Corp boosted its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 185.5% in the fourth quarter. PPSC Investment Service Corp now owns 113,852 shares of the company’s stock valued at $4,551,000 after buying an additional 73,975 shares in the last quarter. Barclays PLC grew its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 80.2% in the fourth quarter. Barclays PLC now owns 148,171 shares of the company’s stock worth $5,922,000 after purchasing an additional 65,935 shares during the last quarter. Finally, Aveo Capital Partners LLC acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 4th quarter worth approximately $1,911,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Down 1.4%

Shares of TMF opened at $36.91 on Wednesday. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12-month low of $35.87 and a 12-month high of $64.98. The business’s fifty day moving average is $41.40 and its 200 day moving average is $42.76.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.