Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Shares Gap Down to $45.73

Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $43.58, but opened at $45.73. Direxion Daily S&P 500 Bull 3X shares last traded at $46.15, with a volume of 472,173 shares traded.

The firm’s 50-day moving average is $52.49 and its 200-day moving average is $48.37.

A number of large investors have recently made changes to their positions in the stock. TRUE Private Wealth Advisors bought a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth $34,000. Financial Gravity Wealth Inc. bought a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth $44,000. Rehmann Capital Advisory Group bought a new stake in Direxion Daily S&P 500 Bull 3X in the first quarter worth $56,000. Atria Investments LLC bought a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth $201,000. Finally, We Are One Seven LLC bought a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth $201,000.

Direxion Daily S&P 500 Bull 3X Company Profile (NYSEARCA:SPXL)

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.

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