Stone House Investment Management LLC Sells 453 Shares of Direxion Daily S&P 500 Bull 3x Shares $SPXL

Stone House Investment Management LLC lessened its holdings in Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 6.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,111 shares of the company’s stock after selling 453 shares during the quarter. Stone House Investment Management LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Howard Capital Management Inc. bought a new position in Direxion Daily S&P 500 Bull 3x Shares during the second quarter valued at about $293,145,000. Wealthstar Advisors LLC boosted its stake in Direxion Daily S&P 500 Bull 3x Shares by 62.7% in the second quarter. Wealthstar Advisors LLC now owns 481,825 shares of the company’s stock valued at $83,611,000 after acquiring an additional 185,713 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 389.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock valued at $17,643,000 after acquiring an additional 100,000 shares during the period. Insight Wealth Partners LLC grew its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 346.4% during the 2nd quarter. Insight Wealth Partners LLC now owns 115,614 shares of the company’s stock valued at $20,062,000 after acquiring an additional 89,717 shares during the period. Finally, Gainplan LLC purchased a new stake in shares of Direxion Daily S&P 500 Bull 3x Shares during the 2nd quarter worth approximately $13,916,000.

Direxion Daily S&P 500 Bull 3x Shares Trading Up 0.9%

NYSEARCA:SPXL opened at $219.56 on Thursday. Direxion Daily S&P 500 Bull 3x Shares has a 12 month low of $87.08 and a 12 month high of $232.19. The firm’s 50 day moving average is $209.38 and its 200 day moving average is $179.89. The stock has a market capitalization of $6.00 billion, a PE ratio of 25.10 and a beta of 3.03.

About Direxion Daily S&P 500 Bull 3x Shares

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.