Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Shares Purchased by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC boosted its stake in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 149.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,724 shares of the company’s stock after acquiring an additional 2,230 shares during the period. Silverleafe Capital Partners LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $628,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IMC Chicago LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X during the 3rd quarter worth about $57,721,000. Quadrature Capital Ltd acquired a new position in shares of Direxion Daily S&P 500 Bull 3X during the third quarter valued at approximately $29,479,000. Hollencrest Capital Management lifted its position in shares of Direxion Daily S&P 500 Bull 3X by 1.2% in the second quarter. Hollencrest Capital Management now owns 52,216 shares of the company’s stock valued at $7,627,000 after acquiring an additional 613 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X in the second quarter worth approximately $6,555,000. Finally, Ashton Thomas Private Wealth LLC increased its position in shares of Direxion Daily S&P 500 Bull 3X by 19.2% during the second quarter. Ashton Thomas Private Wealth LLC now owns 44,073 shares of the company’s stock worth $6,438,000 after purchasing an additional 7,092 shares in the last quarter.

Direxion Daily S&P 500 Bull 3X Price Performance

NYSEARCA SPXL traded up $4.84 during mid-day trading on Monday, hitting $178.21. The stock had a trading volume of 2,180,244 shares, compared to its average volume of 5,185,905. The firm’s 50 day moving average is $177.31 and its 200 day moving average is $161.35. The stock has a market capitalization of $5.68 billion, a price-to-earnings ratio of 33.36 and a beta of 2.99. Direxion Daily S&P 500 Bull 3X has a twelve month low of $99.15 and a twelve month high of $190.34.

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.