Direxion Daily Financial Bull 3X ETF (NYSEARCA:FAS – Get Free Report) shares reached a new 52-week high on Wednesday. The stock traded as high as $187.74 and last traded at $187.6860, with a volume of 846,351 shares trading hands. The stock had previously closed at $169.90.
Direxion Daily Financial Bull 3X ETF Price Performance
The firm has a market cap of $2.18 billion, a P/E ratio of 15.11 and a beta of 2.54. The stock’s 50 day moving average is $161.50 and its two-hundred day moving average is $150.00.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Signaturefd LLC acquired a new position in shares of Direxion Daily Financial Bull 3X ETF during the 3rd quarter worth approximately $110,000. Toth Financial Advisory Corp acquired a new stake in Direxion Daily Financial Bull 3X ETF during the 3rd quarter worth approximately $169,000. StoneX Group Inc. acquired a new position in shares of Direxion Daily Financial Bull 3X ETF in the third quarter valued at about $173,000. IMC Chicago LLC bought a new position in shares of Direxion Daily Financial Bull 3X ETF during the first quarter worth approximately $221,000. Finally, Simplex Trading LLC acquired a new position in Direxion Daily Financial Bull 3X ETF in the 3rd quarter valued at $241,000. 3.51% of the stock is currently owned by institutional investors and hedge funds.
Direxion Daily Financial Bull 3X ETF Company Profile
Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending.
Featured Articles
- Five stocks we like better than Direxion Daily Financial Bull 3X ETF
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Direxion Daily Financial Bull 3X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Financial Bull 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
