Virtu Financial LLC Boosts Position in Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU)

Virtu Financial LLC grew its holdings in Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU) by 84.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,062 shares of the company’s stock after acquiring an additional 24,225 shares during the period. Virtu Financial LLC owned about 3.32% of Direxion Daily Mid Cap Bull 3X Shares worth $2,354,000 at the end of the most recent quarter.

Separately, Larson Financial Group LLC acquired a new position in shares of Direxion Daily Mid Cap Bull 3X Shares in the 4th quarter valued at $98,000.

Direxion Daily Mid Cap Bull 3X Shares Price Performance

MIDU stock traded down $1.73 during midday trading on Friday, hitting $46.79. 547,014 shares of the stock traded hands, compared to its average volume of 78,012. Direxion Daily Mid Cap Bull 3X Shares has a 1-year low of $26.75 and a 1-year high of $56.76. The stock’s fifty day simple moving average is $49.56 and its 200-day simple moving average is $46.88. The firm has a market cap of $88.90 million, a P/E ratio of 21.95 and a beta of 3.28.

Direxion Daily Mid Cap Bull 3X Shares Profile

The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.