Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) Shares Sold by Kelly Financial Services LLC

Kelly Financial Services LLC decreased its stake in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 1.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,747 shares of the company’s stock after selling 98 shares during the quarter. Kelly Financial Services LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $807,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE boosted its position in Direxion Daily S&P 500 Bull 3x Shares by 14.6% in the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock valued at $80,000 after buying an additional 60 shares during the last quarter. Cresset Asset Management LLC lifted its stake in Direxion Daily S&P 500 Bull 3x Shares by 4.8% during the 4th quarter. Cresset Asset Management LLC now owns 3,210 shares of the company’s stock valued at $542,000 after acquiring an additional 146 shares during the period. Trinity Legacy Partners LLC boosted its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 14.0% in the 4th quarter. Trinity Legacy Partners LLC now owns 1,480 shares of the company’s stock valued at $250,000 after acquiring an additional 182 shares during the last quarter. PayPay Securities Corp increased its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 55.4% in the fourth quarter. PayPay Securities Corp now owns 564 shares of the company’s stock worth $95,000 after acquiring an additional 201 shares during the period. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of Direxion Daily S&P 500 Bull 3x Shares in the fourth quarter worth $34,000.

Direxion Daily S&P 500 Bull 3x Shares Price Performance

NYSEARCA SPXL opened at $160.33 on Thursday. Direxion Daily S&P 500 Bull 3x Shares has a 1 year low of $87.08 and a 1 year high of $190.34. The company has a market capitalization of $5.62 billion, a PE ratio of 23.22 and a beta of 3.05. The company has a fifty day moving average of $134.94 and a 200 day moving average of $157.81.

About Direxion Daily S&P 500 Bull 3x Shares

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.