CPR Investments Inc. purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 12,883 shares of the exchange traded fund’s stock, valued at approximately $1,206,000. Direxion Daily Technology Bull 3X Shares makes up 0.9% of CPR Investments Inc.’s portfolio, making the stock its 23rd largest holding.
A number of other large investors also recently modified their holdings of TECL. Headlands Technologies LLC bought a new stake in Direxion Daily Technology Bull 3X Shares during the 1st quarter worth approximately $35,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Direxion Daily Technology Bull 3X Shares during the 1st quarter valued at $45,000. Ameritas Advisory Services LLC purchased a new position in shares of Direxion Daily Technology Bull 3X Shares during the 2nd quarter valued at $53,000. Kelly Financial Services LLC bought a new position in shares of Direxion Daily Technology Bull 3X Shares in the second quarter worth $204,000. Finally, PFG Investments LLC purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares in the second quarter worth $229,000.
Direxion Daily Technology Bull 3X Shares Stock Performance
NYSEARCA:TECL opened at $127.81 on Monday. Direxion Daily Technology Bull 3X Shares has a 52-week low of $32.52 and a 52-week high of $132.10. The stock has a fifty day moving average of $108.82 and a 200 day moving average of $84.84. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 36.87 and a beta of 3.54.
Direxion Daily Technology Bull 3X Shares 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.
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