Signature Resources Capital Management LLC Invests $65,000 in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Signature Resources Capital Management LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,324 shares of the exchange traded fund’s stock, valued at approximately $65,000.

A number of other large investors also recently modified their holdings of YINN. Barclays PLC grew its position in Direxion Daily FTSE China Bull 3X Shares by 6.1% during the third quarter. Barclays PLC now owns 24,438 shares of the exchange traded fund’s stock valued at $902,000 after acquiring an additional 1,400 shares during the last quarter. Strategic Wealth Investment Group LLC purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter valued at $860,000. Gateway Advisory LLC grew its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 20.0% during the 2nd quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock valued at $402,000 after purchasing an additional 3,000 shares during the last quarter. Covestor Ltd purchased a new position in Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter worth $88,000. Finally, TB Alternative Assets Ltd. bought a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter worth $19,162,000.

Direxion Daily FTSE China Bull 3X Shares Stock Up 5.6 %

NYSEARCA YINN opened at $27.36 on Tuesday. The company has a 50-day simple moving average of $27.94 and a two-hundred day simple moving average of $27.72. Direxion Daily FTSE China Bull 3X Shares has a 12-month low of $13.40 and a 12-month high of $59.26. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 4.13 and a beta of 2.93.

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.