Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Shares Sold by Oxinas Partners Wealth Management LLC

Oxinas Partners Wealth Management LLC lowered its stake in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 22.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,692 shares of the exchange traded fund’s stock after selling 4,930 shares during the quarter. Oxinas Partners Wealth Management LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $1,338,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC boosted its holdings in shares of Direxion Daily Technology Bull 3X Shares by 100.0% in the fourth quarter. Signaturefd LLC now owns 500 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 250 shares in the last quarter. Private Wealth Management Group LLC bought a new stake in shares of Direxion Daily Technology Bull 3X Shares in the 4th quarter worth $33,000. Anchor Investment Management LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the fourth quarter valued at $95,000. Tucker Asset Management LLC boosted its stake in Direxion Daily Technology Bull 3X Shares by 67.3% during the fourth quarter. Tucker Asset Management LLC now owns 7,306 shares of the exchange traded fund’s stock valued at $487,000 after buying an additional 2,939 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in Direxion Daily Technology Bull 3X Shares during the fourth quarter worth about $213,000.

Direxion Daily Technology Bull 3X Shares Stock Performance

NYSEARCA TECL traded up $1.40 on Tuesday, reaching $100.88. The company’s stock had a trading volume of 1,060,351 shares, compared to its average volume of 2,129,131. The firm’s 50 day moving average is $84.59 and its two-hundred day moving average is $77.66. The stock has a market cap of $4.28 billion, a PE ratio of 50.15 and a beta of 4.03. Direxion Daily Technology Bull 3X Shares has a twelve month low of $39.02 and a twelve month high of $105.97.

About Direxion Daily Technology Bull 3X Shares

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.