Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Stock Holdings Lifted by EP Wealth Advisors LLC

EP Wealth Advisors LLC lifted its holdings in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 11.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 48,661 shares of the exchange traded fund’s stock after purchasing an additional 5,091 shares during the period. EP Wealth Advisors LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $3,246,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Group One Trading L.P. lifted its position in Direxion Daily Technology Bull 3X Shares by 98.7% in the 3rd quarter. Group One Trading L.P. now owns 33,112 shares of the exchange traded fund’s stock valued at $1,427,000 after purchasing an additional 16,445 shares during the last quarter. Anchor Investment Management LLC bought a new stake in Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at about $95,000. Jump Financial LLC bought a new stake in Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at about $213,000. Socha Financial Group LLC bought a new stake in Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at about $489,000. Finally, Barclays PLC lifted its position in Direxion Daily Technology Bull 3X Shares by 19.4% in the 3rd quarter. Barclays PLC now owns 6,810 shares of the exchange traded fund’s stock valued at $293,000 after purchasing an additional 1,107 shares during the last quarter.

Direxion Daily Technology Bull 3X Shares Trading Up 0.9 %

NYSEARCA:TECL traded up $0.86 during mid-day trading on Friday, hitting $99.44. The stock had a trading volume of 1,135,016 shares, compared to its average volume of 2,193,711. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 50.15 and a beta of 4.03. The company has a 50 day simple moving average of $77.85 and a 200-day simple moving average of $74.33. Direxion Daily Technology Bull 3X Shares has a 52 week low of $39.02 and a 52 week high of $99.74.

Direxion Daily Technology Bull 3X Shares Company Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.