Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN – Get Free Report) shares shot up 2.5% on Monday . The stock traded as high as $78.30 and last traded at $76.75. Approximately 98,076 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 313,154 shares. The stock had previously closed at $74.88.
Direxion Daily Aerospace & Defense Bull 3X Shares Stock Performance
The company has a market capitalization of $483.44 million, a PE ratio of 32.76 and a beta of 2.23. The stock’s 50 day moving average is $68.39 and its 200 day moving average is $73.57.
Institutional Investors Weigh In On Direxion Daily Aerospace & Defense Bull 3X Shares
Hedge funds and other institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors boosted its holdings in shares of Direxion Daily Aerospace & Defense Bull 3X Shares by 114.5% in the first quarter. Ascentis Independent Advisors now owns 8,767 shares of the company’s stock worth $553,000 after acquiring an additional 4,680 shares during the period. Safe Harbor Fiduciary LLC bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares during the 4th quarter valued at $26,000. Group One Trading LLC raised its stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares by 83.1% during the 4th quarter. Group One Trading LLC now owns 16,651 shares of the company’s stock valued at $1,064,000 after purchasing an additional 7,559 shares during the period. Simplex Trading LLC bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares during the 4th quarter valued at $385,000. Finally, Verus Capital Partners LLC lifted its holdings in Direxion Daily Aerospace & Defense Bull 3X Shares by 6.2% during the 4th quarter. Verus Capital Partners LLC now owns 8,450 shares of the company’s stock worth $540,000 after purchasing an additional 495 shares in the last quarter.
Direxion Daily Aerospace & Defense Bull 3X Shares Company Profile
The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.
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