Millennium Capital Advisors LLC bought a new stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report) in the fourth quarter, HoldingsChannel reports. The fund bought 5,531 shares of the company’s stock, valued at approximately $559,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pin Oak Investment Advisors Inc. acquired a new position in Direxion Daily Regional Banks Bull 3x Shares in the third quarter valued at about $40,000. SOA Wealth Advisors LLC. boosted its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 77.3% during the fourth quarter. SOA Wealth Advisors LLC. now owns 500 shares of the company’s stock worth $51,000 after buying an additional 218 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 31.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 545 shares of the company’s stock worth $55,000 after buying an additional 129 shares during the period. Choreo LLC acquired a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $200,000. Finally, Stephens Inc. AR acquired a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $210,000.
Direxion Daily Regional Banks Bull 3x Shares Price Performance
DPST stock opened at $102.31 on Friday. The stock has a market capitalization of $431.75 million, a P/E ratio of 10.48 and a beta of 2.59. The business has a 50-day moving average of $104.71 and a 200-day moving average of $106.28. Direxion Daily Regional Banks Bull 3x Shares has a fifty-two week low of $70.64 and a fifty-two week high of $146.09.
Direxion Daily Regional Banks Bull 3x Shares Profile
The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.
Featured Stories
- Five stocks we like better than Direxion Daily Regional Banks Bull 3x Shares
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Want to see what other hedge funds are holding DPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report).
Receive News & Ratings for Direxion Daily Regional Banks Bull 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Regional Banks Bull 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
