Virtu Financial LLC grew its stake in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Free Report) by 1,035.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,660 shares of the exchange traded fund’s stock after buying an additional 26,137 shares during the period. Virtu Financial LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $3,367,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in TECL. Stonebridge Financial Group LLC bought a new position in Direxion Daily Technology Bull 3X Shares during the 4th quarter worth approximately $1,126,000. IMC Chicago LLC acquired a new position in shares of Direxion Daily Technology Bull 3X Shares in the 4th quarter worth approximately $6,550,000. X Square Capital LLC bought a new stake in shares of Direxion Daily Technology Bull 3X Shares in the 3rd quarter valued at $2,550,000. Ogborne Capital Management LLC bought a new stake in shares of Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at $2,937,000. Finally, Donalies Financial Planning LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the fourth quarter worth $733,000.
Direxion Daily Technology Bull 3X Shares Stock Up 9.0%
Shares of NYSEARCA TECL opened at $236.49 on Friday. Direxion Daily Technology Bull 3X Shares has a twelve month low of $75.16 and a twelve month high of $275.40. The firm has a fifty day simple moving average of $184.38 and a 200 day simple moving average of $136.66. The company has a market capitalization of $7.72 billion, a PE ratio of 36.87 and a beta of 4.12.
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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