Rovin Capital UT ADV Sells 86 Shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Rovin Capital UT ADV cut its stake in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,458 shares of the real estate investment trust’s stock after selling 86 shares during the period. Rovin Capital UT ADV’s holdings in Direxion Daily Financial Bull 3X Shares were worth $824,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Addison Advisors LLC purchased a new stake in Direxion Daily Financial Bull 3X Shares in the 3rd quarter worth approximately $39,000. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares in the third quarter worth $42,000. Silicon Valley Capital Partners bought a new stake in Direxion Daily Financial Bull 3X Shares during the third quarter valued at $64,000. Sanctuary Advisors LLC purchased a new position in Direxion Daily Financial Bull 3X Shares during the third quarter worth about $187,000. Finally, JPMorgan Chase & Co. bought a new position in Direxion Daily Financial Bull 3X Shares in the 3rd quarter worth about $191,000. 3.51% of the stock is owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Up 7.8 %

NYSEARCA:FAS opened at $160.67 on Thursday. Direxion Daily Financial Bull 3X Shares has a twelve month low of $77.68 and a twelve month high of $184.88. The business’s 50-day moving average price is $161.59 and its two-hundred day moving average price is $137.35.

Direxion Daily Financial Bull 3X Shares 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.