IMC Chicago LLC Takes $15.85 Million Position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

IMC Chicago LLC bought a new stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 567,115 shares of the exchange traded fund’s stock, valued at approximately $15,845,000.

A number of other large investors also recently modified their holdings of the stock. Signature Resources Capital Management LLC bought a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $65,000. TB Alternative Assets Ltd. bought a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $19,162,000. Barclays PLC lifted its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 6.1% in the third quarter. Barclays PLC now owns 24,438 shares of the exchange traded fund’s stock valued at $902,000 after purchasing an additional 1,400 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in Direxion Daily FTSE China Bull 3X Shares by 131.6% during the third quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock worth $1,846,000 after acquiring an additional 28,404 shares during the period. Finally, Covestor Ltd bought a new stake in Direxion Daily FTSE China Bull 3X Shares during the third quarter worth $88,000.

Direxion Daily FTSE China Bull 3X Shares Trading Up 3.1 %

Shares of Direxion Daily FTSE China Bull 3X Shares stock opened at $32.22 on Friday. The business’s fifty day simple moving average is $28.53 and its 200 day simple moving average is $28.30. The firm has a market capitalization of $1.44 billion, a P/E ratio of 4.13 and a beta of 2.93. Direxion Daily FTSE China Bull 3X Shares has a 12 month low of $15.08 and a 12 month high of $59.26.

Direxion Daily FTSE China Bull 3X Shares Company Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.