Discipline Wealth Solutions LLC Has $2.46 Million Stake in Direxion Daily S&P 500 Bull 3x Shares $SPXL

Discipline Wealth Solutions LLC grew its stake in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 70.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,126 shares of the company’s stock after purchasing an additional 4,599 shares during the period. Discipline Wealth Solutions LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $2,455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 389.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock valued at $17,643,000 after acquiring an additional 100,000 shares in the last quarter. Optiver Holding B.V. boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 34.9% during the 3rd quarter. Optiver Holding B.V. now owns 48,711 shares of the company’s stock valued at $10,322,000 after acquiring an additional 12,606 shares in the last quarter. Traynor Capital Management Inc. boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 2.5% during the 4th quarter. Traynor Capital Management Inc. now owns 46,872 shares of the company’s stock valued at $10,340,000 after acquiring an additional 1,148 shares in the last quarter. Group One Trading LLC boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 1,181.5% during the 2nd quarter. Group One Trading LLC now owns 45,492 shares of the company’s stock valued at $7,894,000 after acquiring an additional 41,942 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 10.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 44,841 shares of the company’s stock valued at $7,781,000 after acquiring an additional 4,130 shares in the last quarter.

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

Shares of Direxion Daily S&P 500 Bull 3x Shares stock opened at $229.00 on Thursday. The firm’s 50-day simple moving average is $207.37 and its 200-day simple moving average is $215.59. Direxion Daily S&P 500 Bull 3x Shares has a twelve month low of $99.31 and a twelve month high of $234.09. The firm has a market cap of $5.70 billion, a P/E ratio of 25.10 and a beta of 3.01.

Direxion Daily S&P 500 Bull 3x Shares Company Profile

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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.