Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Shares Bought by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC grew its holdings in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 16,142.4% in the 3rd quarter, Holdings Channel reports. The fund owned 5,360 shares of the company’s stock after acquiring an additional 5,327 shares during the period. Pathway Financial Advisers LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $879,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its position in shares of Direxion Daily S&P 500 Bull 3X by 34.1% during the first quarter. Commonwealth Equity Services LLC now owns 10,733 shares of the company’s stock worth $1,439,000 after purchasing an additional 2,730 shares during the last quarter. Hollencrest Capital Management lifted its position in shares of Direxion Daily S&P 500 Bull 3X by 1.2% during the second quarter. Hollencrest Capital Management now owns 52,216 shares of the company’s stock worth $7,627,000 after purchasing an additional 613 shares during the last quarter. Wallace Advisory Group LLC bought a new position in shares of Direxion Daily S&P 500 Bull 3X during the second quarter worth about $256,000. Summit Financial Strategies Inc. lifted its position in shares of Direxion Daily S&P 500 Bull 3X by 6.8% during the third quarter. Summit Financial Strategies Inc. now owns 3,285 shares of the company’s stock worth $539,000 after purchasing an additional 209 shares during the last quarter. Finally, Spire Wealth Management lifted its position in shares of Direxion Daily S&P 500 Bull 3X by 9.6% during the second quarter. Spire Wealth Management now owns 18,318 shares of the company’s stock worth $2,676,000 after purchasing an additional 1,599 shares during the last quarter.

Direxion Daily S&P 500 Bull 3X Stock Down 0.9 %

Shares of NYSEARCA SPXL opened at $167.25 on Thursday. The firm’s 50-day moving average price is $159.06 and its two-hundred day moving average price is $145.55. Direxion Daily S&P 500 Bull 3X has a 52-week low of $70.03 and a 52-week high of $173.32. The stock has a market capitalization of $5.33 billion, a P/E ratio of 33.36 and a beta of 2.99.

Direxion Daily S&P 500 Bull 3X 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.